00:00Trump just threatened tariffs tied directly to Greenland and markets reacted fast.
00:04President Trump announced 10% tariffs on several European nations, rising to 25% by June,
00:10targeting countries opposing US efforts related to Greenland negotiations.
00:14This was posted publicly and reported by Benzinga.
00:17The move sparked pushback from both parties,
00:19with some lawmakers warning it could hurt US allies and benefit global rivals.
00:24The markets did not wait.
00:26Stocks slid and gold hit record highs as investors priced in geopolitical risk and trade uncertainty.
00:31Europe is already preparing a response.
00:33The EU is considering an unprecedented trade countermeasure to push back against the tariff threat.
00:39And this isn't just politics.
00:41Tariffs on European goods could eventually raise prices for consumers from imports to luxury items.
00:47So whether this is leverage or escalation,
00:49one thing's clear, Greenland just became a flashpoint and markets are paying attention.
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