Another Tariff Curveball

2026-01-21 02:30:00 ET

It may have been a long weekend in the United States, but the “firehose of headlines” didn’t pause. Investors were thrown another tariff curveball, with the U.S. administration declaring that unless a deal for the U.S. to acquire Greenland can be reached, a 10% tariff will be imposed on eight European countries (Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland) effective Feb. 1. In addition, the U.S. hinted that the tariff rate could ramp up to 25% by June 1 if no deal is reached by then....

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