European stocks were sharply lower on Monday as traders react to U.S. President Donald Trump's threat to hike tariffs on a number of European countries.
U.K. Prime Minister Keir Starmer said it was "completely wrong" for President Donald Trump to threaten tariffs on allies who oppose his push to seize or buy Greenland.
Greenland Prime Minister Jens-Frederik Nielsen said Monday that the Arctic island would not be pressured over U.S. President Donald Trump's tariff threats.
In a joint statement, leaders of eight countries said they stand in "full solidarity" with Denmark and Greenland. Denmark's Prime Minister Mette Frederiksen added: "Europe will not be blackmailed."
