Trump trouble affects markets and prompts international responses

U.S. and European markets moved after reports that President Trump threatened tariffs over objections to his Greenland plans; gold and silver reached record highs, and Statistics Canada reported December inflation at 2.4% year‑on‑year.

U.S. and European markets moved after reports that President Trump threatened tariffs against countries opposing his plan involving Greenland. Precious metals climbed to new highs amid reported political and trade concerns. Bloomberg reported Prime Minister Mark Carney has been described as considering sending Canadian soldiers to Greenland for NATO exercises, though no decision has been announced. Statistics Canada reported headline inflation rose to 2.4% year‑on‑year in December, with officials citing base effects from prior tax changes. Key facts: - The article mentions U.S. stock futures fell more than 1% and European shares were down after reports of tariff threats tied to Greenland. - The article mentions gold and silver rose to record highs, with spot gold up about 2%. - The article mentions Bloomberg reported Prime Minister Mark Carney is considering sending Canadian soldiers to Greenland for NATO exercises, but a decision has not been made. - Statistics Canada reported headline inflation accelerated to 2.4% year‑on‑year in December and said base effects from earlier tax adjustments partly drove the change. - The article quotes Seema Shah of Principal Asset Management saying investors see tariffs being used for a broad range of negotiations. Summary: Markets and commodity prices moved after reported tariff threats linked to Greenland, and Canadian officials are reported to be considering military participation without a decision. Statistics Canada reported faster inflation in December. Undetermined at this time.