🚨 RELIEF RALLY: Trump Pulls the Plug on EU Tariffs 🇺🇸🇪🇺
Markets finally exhale.
President Donald Trump has cancelled planned tariffs on several European countries, backing away from what looked like the start of a full-blown transatlantic trade war. The tariffs — originally linked to tense Greenland & Arctic security talks — were set to kick in February.
After negotiations with NATO Secretary General Mark Rutte, Trump announced a framework deal on Greenland and officially withdrew the tariff threat.
📈 Market Reaction:
• European stocks jumped
• U.S. markets welcomed the de-escalation
• Trade war risk = temporarily off the table
⚠️ The Catch:
While Europe welcomes the pause, leaders remain cautious. This episode exposed how fragile U.S.–EU trade relations still are — and how quickly policy can swing.
For now: diplomacy wins.
Long term: uncertainty still lingers.
#TrumpCancelsEUTariffThreat
#WEFDavos2026 #MarketsRelief #GlobalTrade #WhoIsNextFedChair #GoldSilverAtRecordHighs