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Indonesia News Portal for Traders | Financial & Business Updates

20 January 2026 18:50  |

Trump's Assertiveness Brings Greenland to Global Attention

US President Donald Trump vowed not to back down from his ambition to control Greenland, rejecting the possibility of ruling out violence, and lashing out at his allies. These remarks sparked confusion in Europe, as Trump's ambitions threaten the sovereignty of NATO member Denmark and potentially undermine the transatlantic alliance that has underpinned Western security for decades.

Trump reinforced his message by posting an AI image showing himself in Greenland and leaking a message from French President Emmanuel Macron questioning his actions. Threats of tariffs against European countries that block his plans, including a possible 200% tariff on French goods, have further fueled trade tensions and depressed global markets.

The European Union is preparing retaliatory measures, including tariffs worth 93 billion euros and a Non-Coercion Instrument to restrict US access to public tenders and digital services. The Danish Economy Minister emphasized that this situation is not just a Danish problem, but concerns the entire transatlantic relationship. Meanwhile, US Treasury Secretary Scott Bessent calmed markets, calling concerns about a trade war "hysteria" and assuring that a solution will be found.

These tensions have impacted financial markets, with European stocks falling more than 1% and US stock futures weakening. The US dollar has also been under pressure, signaling that Trump's tariff threats have renewed global uncertainty. Russia has even questioned Denmark's sovereignty over Greenland, further complicating the geopolitical situation in the Arctic region. (alg)

Source: Newsmaker.id

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