--- title: "Just saw Trump's latest threats: 100% committed to slapping tariffs on 8 European allies (Denmark, G" description: "Just saw Trump's latest threats: 100% committed to slapping tariffs on 8 European allies (Denmark, Germany, UK, France etc.) starting Feb 1, potentially hitting 25% by June. Oh, and a 200% tariff on F" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/100000000409616.md" published_at: "2026-01-20T08:29:20.000Z" author: "[AllIn Call](https://longbridge.com/en/profiles/16656594)" --- # Just saw Trump's latest threats: 100% committed to slapping tariffs on 8 European allies (Denmark, G Just saw Trump's latest threats: 100% committed to slapping tariffs on 8 European allies (Denmark, Germany, UK, France etc.) starting Feb 1, potentially hitting 25% by June. Oh, and a 200% tariff on French wine & champagne? That's a new one.Europe isn't bluffing either. They're talking about a €93 billion counter-strike on US goods and might pull out the big "trade bazooka" (restricting US market access). UK and Germany called the move "completely wrong".Market's reaction? Risk-off mood.European stocks got hit hard, especially autos & luxury goods.Safe-havens like gold & silver are pushing higher.US futures were down pre-market.Here's the kicker: studies show US importers & consumers bear 96% of the tariff cost. So much for "other countries pay".Feels more political than economic. This uncertainty is the real killer for business investment. What do you think? ### Related Stocks - [07299.HK - FL2CSOPGOLD](https://longbridge.com/en/quote/07299.HK.md) - [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md) - [AGQ.US - Pro Ultr Silver](https://longbridge.com/en/quote/AGQ.US.md) - [SLV.US - iShares Silver Tr](https://longbridge.com/en/quote/SLV.US.md) - [GLDG.US - GoldMining](https://longbridge.com/en/quote/GLDG.US.md) - [SIL.US - Global X Silver Miner](https://longbridge.com/en/quote/SIL.US.md) - [QQQ.US - Invesco QQQ Trust](https://longbridge.com/en/quote/QQQ.US.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.