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January 21, 2026

Wall Street sinks as Trump threatens tariffs over Greenland

By DAMIAN J. TROISE
AP Business Writer

NEW YORK — Stocks slumped on Wall Street Tuesday after President Donald Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.

The losses were widespread, with nearly every sector losing ground. Major indexes in the U.S. extended losses from last week in what has been a wobbly start to the year.


 
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