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EU Draws Up €93 Billion Tariff Retaliation Plan as Trump Escalates Greenland Threats
The European Union is preparing a sweeping package of retaliatory measures against the United States, including tariffs worth up to €93 billion ($107.71 billion), in response to threats by US President Donald Trump to annex Greenland, according to a Financial Times report published on Sunday evening. Brussels is also examining the possibility of limiting access for US companies to the European market as part of a broader response. The measures were discussed during a meetin
Jan 194 min read


Trump’s Call for Credit Card Rate Cap Sends U.S. and UK Banks Tumbling
U.S. financial stocks and UK-listed lenders fell sharply on Monday after President Donald Trump proposed a one-year cap on credit card interest rates, threatening a significant revenue stream for the sector. Investors are now weighing the impact of the proposal amid ongoing interest-rate uncertainty, a development that may undercut the potential boost from a rotation into value stocks. On Friday, Trump called for a 10 per cent cap on credit card interest rates starting Januar
Jan 142 min read
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