USTR Greer says Trump's Greenland-related tariff threat is an appropriate use of tariffs, speaking at Davos

• Trump may be setting the stage for negotiations over Greenland.
• European Union has done nothing to implement the US trade deal.
• The EU trade deal does not fix US agricultural and regulatory complaints about Europe.

The comments from USTR Greer underscore the potential for escalating trade tensions surrounding U.S.-EU relations, particularly in light of Trump's tariff threat related to Greenland. This could signal increased volatility in markets, especially for sectors sensitive to trade, like commodities and equities, and could also affect currency valuations as traders adjust expectations for future negotiations and any resulting economic impacts.