U.S. President Donald Trump on Wednesday said he wouldn't use force to obtain Greenland and called for negotiations, with his remarks coming during a speech at the World Economic Forum's annual gathering in Davos, Switzerland.
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
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.