Dollar and US stocks fall as Donald Trump says ‘no going back’ on move for Greenland
European leaders criticise stance on Arctic island, with French president taking aim at ‘useless aggressivity’
European leaders criticise stance on Arctic island, with French president taking aim at ‘useless aggressivity’

Euro and sterling gain against US currency despite potential economic damage from new American tariffs

Announcement comes as Donald Trump’s desire to acquire Arctic island leads to alarm among European allies

US president tells audience in Davos that a possible purchase should not be seen as a threat to Nato

US move on the island would be a breach of the transatlantic alliance

Military alliance yet to issue public statement asserting territorial integrity of Arctic island and kingdom of Denmark

Shares in Danish territory’s biggest bank have risen 33% this week