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European stocks are expected to open sharply lower on Monday as traders react to U.S. President Donald Trump's threat to hike tariffs on a number of European countries.
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President Donald Trump is preparing to address a gathering of global elites in Switzerland while appearing to be at open war with paradigms they have long defended.
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If economic sanctions are designed to apply pressure without firing a shot, then U.S. President Donald Trump has aimed at America's closest military allies.
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E.U. ambassadors will hold an emergency meeting on Greenland after President Donald Trump threatened tariffs on eight European countries that sent troops there.
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The US president threatens to impose tariffs on countries that oppose his plans to take over the territory.
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President Trump announced Saturday he would impose a 10% tariff starting Feb. 1 on all goods from Denmark and seven other European countries until a deal is in place allowing the U.S. to buy Greenland. Trump says the tariff will increase to 25% on June 1 for the eight NATO allies if no deal is reached. NBC News' Melanie Zanona reports.
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