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Trump's Tariffs Spark European Divestment, Dollar Dips

1/28/2026

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Summary

Story summary

U.S. President Donald Trump announced tariffs on eight European countries, prompting Danish pension funds such as AkademikerPension to plan divestment from U.S. Treasuries.
Analysts warn this move could erode trust among U.S. allies and weaken U.S. financial dominance.
Trump's comments on dollar volatility further fueled worries as the U.S. dollar index dropped to a four-year low.

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Story summary

U.S. President Donald Trump announced tariffs on eight European countries, prompting Danish pension funds such as AkademikerPension to plan divestment from U.S. Treasuries.
Analysts warn this move could erode trust among U.S. allies and weaken U.S. financial dominance.
Trump's comments on dollar volatility further fueled worries as the U.S. dollar index dropped to a four-year low.