US Futures Slide on Trump Tariff Threat

2026-01-19 00:00 By Jam Kaimo Samonte 1 min. read

US stock futures fell on Monday after President Donald Trump threatened new tariffs on eight European countries to force the “complete and total purchase of Greenland.” The proposed measures target Germany, the UK, France, Denmark, Norway, Sweden, the Netherlands and Finland, with a 10% tariff set to take effect on Feb. 1 and rise to 25% in June unless an agreement is reached.

European leaders are weighing a halt to approvals of last year’s trade agreement, while French President Emmanuel Macron may reportedly seek activation of the EU’s anti-coercion instrument.

Dow futures slid 0.7%, S&P 500 futures dropped 1%, and Nasdaq 100 futures fell 1.4%.

Investors are also looking ahead to a busy earnings week, with results due from major firms including Netflix, Visa and Intel.

US markets are closed Monday for a holiday.



News Stream
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