GLOBAL MARKETS - Stocks, Dollar Take Tariff Hit; Gold Gets Safety Bid

GLOBAL MARKET - SYDNEY. Stock markets slid in Asia on Monday after U.S. President Donald Trump threatened to slap extra tariffs on eight European nations until the U.S. was allowed to buy Greenland, pushing the dollar down against the safe-haven yen and Swiss franc.

Gold and silver both jumped to all-time highs, while oil flatlined on concerns about what a possible trade war between the U.S. and Europe could mean for global growth and demand.