A fresh wave of economic uncertainty has hit global markets today, January 19, 2026, as UK Prime Minister Keir Starmer issued a stern warning against U.S. President Donald Trump’s proposed “Greenland Tariffs.” The controversy erupted after the U.S. administration threatened a 10% tariff on European allies—including the UK, France, and Germany—linking trade terms to the acquisition of the Arctic territory.
Prime Minister Starmer described the move as “completely wrong,” warning that a trade war helps no one and could stifle global recovery. Meanwhile, the EU is reportedly preparing a €93 billion retaliatory package.
