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Reading: Greenland crisis ignites war: Europe threatens Trump with a “trade bazooka,” and global markets are on edge.
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PoliticsReports and investigations

Greenland crisis ignites war: Europe threatens Trump with a “trade bazooka,” and global markets are on edge.

Europe under pressure from US trade statements

مدحت الشيخ
Last updated: 19/01/2026 3:34 pm
Medhat Elsheikh
مدحت الشيخ
ByMedhat Elsheikh
News Editor
Medhat El-Sheikh, editor-in-chief of the Voice of Emirates News Agency office in Cairo, is a seasoned Egyptian journalist with extensive experience both within Egypt and abroad....
- News Editor
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Greenland crisis ignites war: Europe threatens Trump with a "trade bazooka," and global markets are on edge.
European Union (Photo/Archive)
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Brussels, Belgium – Following US President Donald Trump’s provocative remarks about purchasing Greenland, European Union countries issued unprecedented warnings to Washington. They described the move as “unacceptable and a threat to the stability of economic relations.”

The European Commission warned against any attempts to impose tariffs on European countries. It emphasized that the response would be “strong and decisive,” in a strongly worded warning that resembled a “trade bazooka” against any American economic adventure.

The tension spilled over into global markets, where investors began closely monitoring developments, fearing any escalation that could affect trade and investment between the two continents.

Trump, for his part, did not back down but continued to attack European leaders. There are also expectations that the coming days will witness a new round of trade conflict that could shake markets and change the rules of the international economic game.

TAGGED:AmericaEuropeTrumpUSVoice Of Emirates
SOURCES:Voice Of EmiratesNewswires
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