U.S. Tariff Threats Returns With Greenland Vengence

Barry Adams
20 Jan, 2026
New York City

Stocks on Wall Street fell sharply amid rapid escalation in trade tensions between the U.S. and the European Union. 

The S&P 500 index and the Nasdaq Composite declined around 1.5% after a week of hectic trading, and investors weighed two inflation reports against earnings optimism. 

The U.S. president proposed to increase tariffs to 200% on French wines and other goods after the French president reportedly urged European leaders to offer a unified response to Trump's threats to "purchase" Greenland. 

Moreover, Trump threatened additional 10% tariffs on British goods after the UK agreed to transfer sovereignty of the Chagos Islands to Mauritius.  

The island hosts a joint U.S.-UK military base, and the transfer was previously approved by the Trump administration.  

On Tuesday, gold and silver hit fresh new highs in New York, London, and Shanghai amid rising geopolitical tensions after the U.S. president intensified his threats to "purchase" Greenland and slapped additional tariffs on European allies. 

In the holiday-shortened week, about 90 U.S. companies are set to release their quarterly results, including earnings updates from Netflix, GE Aerospace, Schlumberger, Intel, Proctor & Gamble, and Johnson & Johnson. 

Takaichi Seeks Voter Approval for National Economic and Defense Agenda

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced the dissolution of parliament on Friday and called a snap election on February 8 to secure voter backing for her broader national budget and security agenda, including the spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1. 

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased 0.9% to ¥4,837.0.

Japan TUESDAY

Akira Ito
20 Jan, 2026
Tokyo

Japan's benchmark indexes fell for the fourth consecutive session as political uncertainty weighed on market sentiment. 

The Nikkei 225 Stock Average fell 1.2%, and the broader Topix Index decreased 0.9%, and the Japanese yen hovered at 158.02 against the U.S. dollar. 

Prime Minister Sanae Takaichi announced to dissolve parliament on Friday and called snap election on February 8 to secure voter backing for her broader national budget and security agenda including spending plan, immigration policy, and defense priorities. 

Market sentiment remained cautious in Tokyo and Asia as the U.S. president threatened Greenland-linked tariffs on eight European allies starting as early as February 1.   

Japan Indexes and Stocks 

The Nikkei 225 Stock Average decreased 1.2% to 52,926.48, and the Topix Index eased 0.9% to 3,623.51. 

Technology and diversified manufacturing companies led decliners in Tokyo trading. 

Softbank Group Corp. decreased 3.3% to ¥3,848.0, Tokyo Electron fell 3.2% to ¥40,840.0, and Advantest Corp. declined 3.2% to ¥21,505.0. 

Mitsubishi UFJ Financial Group decreased 0.5% to ¥2,937.0, Sumitomo Mitsui Financial Group eased 0.4% to ¥5,648.0, and Mizuho Financial Group was unchanged at ¥6,856.0. 

IHI Corp. added 2.6% to ¥3,628.0, Kawasaki Heavy dropped 1.4% to ¥14,345.0, and Mitsubishi Heavy decreased0.9% to ¥4,837.0.