Widespread Selloff Hits Stocks as Trump's Threats Over Greenland Unnerve Investors

GLOBAL MARKET - NEW YORK. A widespread selloff spread across equities on Wall Street, Europe and Asia on Tuesday following market volatility stirred by U.S. President Donald Trump's threats to reignite a trade war with Europe over Greenland.

Trump said he no longer thought "purely of peace" after he did not win the Nobel Peace Prize and reiterated a threat to increase tariffs on EU members Denmark, Finland, France, Germany, Sweden, and the Netherlands, along with Britain and Norway, until the U.S. is allowed to buy Greenland.