US president Donald Trump speaks to reporters before boarding Marine One on the south lawn of the White House. European and US stock futures fell and haven assets such as gold rallied after US president Donald Trump proposed new levies on eight countries that have opposed his plans to acquire Greenland. European equity-index futures dropped 1.3 per cent and S&P 500 contracts declined 0.9 per cent as tariff-related concerns weighed on markets. Asian shares pared earlier losses to trade flat, while South Korea – a bellwether for artificial intelligence investment – gained 1.3 per cent. The euro reversed early losses to trade higher, while Treasury futures gained along with German and French bond futures.

Source: The Irish Times January 19, 2026 08:46 UTC