Trump advisor Kevin Hassett calls for "cooler heads to prevail" as president threatens Denmark with tariffs over Greenland acquisition deal negotiations.

President Trump announced new tariffs on European nations if they stand in the way of the U.S. acquiring Greenland. The EU could hit back relatively quickly.

The prime minister also tells the US president that security in the Arctic remains a priority "for all Nato allies".

China has reported its economy expanded at a 5% annual pace in 2025, buoyed by strong exports despite U.S. President Donald Trump’s tariffs.

Scott Bessent's comments came a day after President Donald Trump said he would impose tariffs on European countries that reject his push to control Greenland.

Eluned Morgan said tariffs disproportionately affected Wales because of how much of its exports to the US are goods.

The global economy is set to grow more rapidly than previously expected this year, but could falter if trade barriers rise again and geopolitical conflicts intensify, the Fund said.

Gold and silver prices climbed fresh peaks on Monday, as investors flocked to safe-haven assets on intensifying tensions, after U.S. President Donald Trump threatened to impose extra tariffs on European countries over the control of Greenland.