Just when Wall Street and Corporate America were looking forward to a year without trade fears, the ‘Tariff King’ strikes again

After a turbulent 2025 that shocked global trade and financial markets, 2026 was shaping up to be a time for the U.S. economy to look past President Donald Trump’s tariffs.

Not so fast.

Tariffs are back on the agenda again only a few weeks into the new year. On Saturday, Trump announced eight NATO allies would be hit with 10% tariffs next month that will rise to 25% by June until a “Deal is reached for the Complete and Total purchase of Greenland.”

While not all...