Finnish president says EU has tools to counter US tariff threats

Finnish President Alexander Stubb stated that the European Union has several tools at its disposal to compel the United States to withdraw its tariff threats, Walter Bloomberg reported. He added that he does not believe the U.S. will use military means to take control of Greenland. The comments follow threats from U.S. President Donald Trump to impose 'Greenland tariffs' on eight European nations, without ruling out the possibility of military force. Meanwhile, some analysts have suggested that Bitcoin's short-term weakness on Monday morning could be linked to the escalating conflict between the U.S. and the EU over the territory.