President Donald Trump's attempt to browbeat Denmark into parting with Greenland has revived worries that foreign investors could start dumping U.S. assets — particularly bonds — in retaliation.
Long-dated U.S. government debt got slammed on Tuesday as nervous investors reacted to President Donald Trump's plans to slap 10% tariffs on imports from eight European countries beginning next month.
The "Sell America" trade made a comeback on Tuesday following President Donald Trump's latest tariff threats against European allies, giving investors a taste of the volatility that rocked global markets in April.
Stocks slumped on Wall Street Tuesday after President Trump threatened to hit eight European countries with new tariffs as tensions escalate over his attempts to assert American control over Greenland.