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NATO vs. ‘TACO’ trade: Dow futures tumble 400 points on Trump’s latest tariffs while Wall Street hopes for de-escalation at Davos

https://fortune.com/2026/01/19/stock-market-today-dow-futures-trump-tariffs-nato-greenland-davos/
As such, the more likely outcome, in our view, is that both sides recognize that a major escalation would be a lose-lose proposition, and that compromise eventually prevails…

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