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Trump tariff shock: US slaps 10% tariffs on eight European allies over Greenland

President Trump announced 10 percent tariffs on eight European nations tied to his push to acquire Greenland, triggering emergency EU meetings, sharp market moves, and threats of robust European retaliation as transatlantic ties fray

Number

1.405 billion - China's population in 2025 after a fourth consecutive annual decline

Quote

"I no longer feel an obligation to think purely of peace" — Donald Trump

SPX 6,940 ↓ 0.06% Dow 49,359 ↓ 0.17% Nasdaq 23,515 ↓ 0.06% Gold 4,673 ↑ 1.69% BTC 92,914 ↓ 0.78%

24 Hours

Trump slaps 10% tariffs on eight European allies over Greenland

President Trump moved to punish European opposition to his Greenland push by imposing tariffs on eight allied countries. The move triggered emergency diplomatic reactions in Brussels and forced European capitals to weigh tough countermeasures.

Keir Starmer holds emergency press conference on Greenland row

UK leaders scrambled to manage fallout after the US announced tariffs tied to Greenland. Prime Minister and ministers urged calm while asserting that Britain's position on Greenland remains non negotiable.

Gold and silver hit record highs after Trump tariff threat

Markets reacted sharply to the Greenland tariff shock with safe havens surging and equities slipping. Precious metals hit new highs while European and US futures sold off on trade uncertainty.

EU weighs options after Trump ramps up pressure over Greenland

European institutions moved from shock to strategy as leaders weighed options to counter Washington's pressure. Debates ranged from negotiation to tough economic measures aimed at deterring future US coercion.

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China's population falls for fourth straight year to 1.405 billion

Beijing reported a continued demographic decline as births plunged and total population fell for a fourth year. Analysts warned that the record low birthrate will deepen long term economic and social pressures in China.

China reports 5 percent GDP growth for 2025 despite headwinds

Beijing met its 2025 official growth target even as quarterly momentum softened and structural problems persisted. Exports helped power a 5 percent annual rise while domestic consumption lagged in the fourth quarter.

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Syria and Kurdish SDF agree nationwide ceasefire and integration deal

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Chile declares state of catastrophe as wildfires kill at least 18

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Massive blaze at Karachi shopping plaza kills at least 14

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Trump's foreign policy gambits reshape alliances and risks

Washington's unconventional diplomacy and military moves continue to reshape regional relationships. From Venezuela to the Middle East the administration's new tactics are altering longstanding alignments and prompting cautious reactions.

North Korea linked hackers pose as human rights activists in phishing attacks

A wave of cyber and legal moves showed rising geopolitical cyber risk and financial litigation. State linked hackers targeted global organizations while Moscow pursued legal action over seized financial assets.

IMF raises forecast for global growth as tariff drag fades

The IMF raised its global growth forecasts as tariff headwinds eased and technology investment offset weakness. The Fund also flagged currency exposure risks for some economies and urged vigilance on FX positions.

Supreme Court to weigh president's authority to remove Federal Reserve officials

A series of legal fights over the Federal Reserve and presidential authority moved toward the Supreme Court. The cases could reshape executive power and the independence of key economic institutions.

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