If today’s sharp decline is because Trump imposed tariffs on the European Union, then the market's reaction reflects concerns over escalating trade tensions and potential impacts on global economic stability. Investors are worried that such measures could lead to retaliatory actions, disrupt supply chains, and slow down economic growth worldwide. The situation remains volatile as negotiations continue, and traders are advised to stay cautious amid these uncertainties.

If today’s sharp decline is due to Trump imposing tariffs on the EU
(I don’t believe there’s any real connection between the two)
Then tomorrow, the Davos Forum will open
Trump has confirmed his attendance
He will negotiate with leaders of EU countries to buy Greenland
Although Denmark currently holds sovereignty over Greenland
In reality, Greenland is a “liability” for Denmark

Denmark subsidizes the island’s finances by hundreds of millions of dollars each year
On average, each Danish person pays about 1,000 kroner for Greenland
All they get in return is Denmark’s status as the 12th largest territory in the world
It’s essentially a geopolitical membership fee paid by Denmark

Trump’s seemingly aggressive buy-and-sell approach
Is just his usual tactic
Although Europe is currently relatively weak overall
You still have to show some respect
Who would play the game of not selling and just taxing you out?

In fact, everyone with a clear mind knows Trump is after the rare earth resources
He insists on citing national security, but no one is fooled
In the end, I estimate the negotiation results will be

1. The U.S. military will expand its garrison, as there are already troops there
2. The U.S. will purchase resource extraction rights for a number of years
3. Denmark will still retain “sovereignty”

This way, everyone makes a concession
The EU’s face is preserved
Denmark will save money each year in the future
The U.S. Congress will find it easier to approve the development budget
Trump’s goal has been achieved