Group 1: Trade Tariffs and Economic Impact - U.S. Treasury Secretary Scott Bessent warned European countries against retaliating against U.S. trade tariffs related to the Greenland crisis, emphasizing the need for countries to adhere to their trade agreements [1][3] - President Trump has threatened to impose a 10% tariff on imports from several European countries starting February 1, increasing to 25% by June 1, which has caused concern among European nations [2] - Bessent noted that the current situation is reminiscent of the panic experienced during the initial tariff announcements on April 2, 2025, and urged countries to avoid escalating tensions with the U.S. [2][4] Group 2: Market Reactions and Stock Performance - The tariff war initiated by Trump has negatively impacted global stock markets, particularly affecting crypto equities, which have struggled to recover compared to tech stocks [4][5] - Tech stocks like Nvidia and Tesla have remained stable in price over the past three months, while crypto-related stocks, such as Michael Saylor's Strategy, have seen a decline of approximately 40% during the same period [5] - Circle Internet Group, a major player in the stablecoin market, has also experienced a similar decline of around 40% over the last three months [6]