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Stock futures fell sharply Tuesday as President Trump escalated threats of new tariffs on European countries opposing his push to purchase Greenland. He warned of escalating tariffs on eight NATO members and threatened 200% tariffs on French wines. European leaders called the threats “unacceptable” and are considering countermeasures. Markets, closed Monday for a U.S. holiday, reacted to the heightened trade tensions. Meanwhile, investors are also monitoring civil unrest in Iran and awaiting key U.S. corporate earnings reports this week.
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