Stock futures lead global markets sharply lower and gold hits fresh record as Trump threatens tariffs on Europe over Greenland

Core Viewpoint - European nations are expressing concerns about potential retaliatory measures, which raises fears of escalating trade turmoil in the region [1] Group 1 - The article highlights the increasing tensions between European nations and other trading partners, indicating a potential for retaliatory actions that could disrupt trade [1] - There is a growing sentiment among European countries that they may need to respond to perceived unfair trade practices, which could lead to a cycle of retaliation [1] - The potential for trade turmoil is underscored by recent developments in international trade negotiations, suggesting that the situation may worsen if diplomatic efforts fail [1]