Trump Threatens ‘Big Retaliation’ If Europe Dumps US Assets (1)

President Donald Trump vowed “big retaliation” if European countries sell US assets in response to his tariff threats related to Greenland, adding pressure on them to stick with an emerging deal over the future of the island.

“If they do, they do. But you know, if that would happen, there would be a big retaliation on our part,” Trump said Thursday during a Fox Business interview at the World Economic Forum in Davos. “And we have all the cards.”

The president did not specify what actions the US might take to follow through on that threat.

Trump’s now-abandoned plan to ...