Greenland, Donald Trump
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Denmark deploys additional troops to Greenland after President Donald Trump claims the island is not secure from Russia or China.
A CNN poll released last week showed 75% of Americans and even nearly half of Republicans opposed the effort to take control of Greenland. A majority of Republicans (52%) strongly opposed it, while just 7% strongly supported it. And that’s without even mentioning the prospect of military action.
With the president stepping up his threats and showing no sign of backing down, Republicans are increasingly finding ways to defend or justify his threats.
Stocks tumbled in early trading on Tuesday as President Donald Trump threatened tariffs on multiple European countries as part of a push for U.S. control of Greenland. The Dow Jones Industrial Average fell 735 points, or 1.4%, while the S & P 500 declined 1.5%. The tech-heavy Nasdaq dropped 1.8%.
Pentagon officials plan for all sorts of military contingencies, but they have not yet been asked to draw up an invasion of Greenland or the aftermath of such an operation.
The "Sell America" trade compelled investors to dump U.S. stocks and bonds, while gold and silver, both safe haven assets, hit new highs.
9hon MSN
Trump's Greenland threats slam markets in one of the worst 'Sell America' trading days since April
The Dow tumbled 870 points on Tuesday as investors assessed the impact of Trump's intensifying push to take control of Greenland.
Gold prices were boosted to a record high above $4,800 per ounce on Wednesday, as investors looked to the metal as a safe haven after a broad selloff in U.S. assets on heightened tensions between the U.
11hon MSN
Trump Warns There’s ‘No Going Back’ on Greenland and Accuses U.K. of ‘Act of Great Stupidity’
President Donald Trump doubled down on his pressure campaign for the annexation of Greenland, arguing there's “no going back” on his ambitions despite the global backlash.