Trump vows 'big retaliation' if Europe divests from US Treasurys

​​​​​​​By Yasin Gungor

ISTANBUL (AA) - President Donald Trump issued a stern warning to European nations Thursday, signaling an aggressive response should they begin offloading American stocks and bonds in retaliation for US trade or security policies.

"If that would happen, there would be a big retaliation on our part," he told Fox Business when questioned about potential European financial pushback.

He emphasized his administration's confidence by stating that the US holds "all the cards" in economic disputes.

The comments follow news that AkademikerPension, a Danish fund, confirming that it would divest $100 million in US Treasurys. While the fund cited fiscal concerns rather than politics, the move coincides with renewed American pressure on Greenland.

Despite the sharp rhetoric, a diplomatic opening appeared Wednesday in Davos, Switzerland. Following a meeting with NATO Secretary General Mark Rutte, Trump announced a framework deal for Greenland and withdrew threats of imposing tariffs against several European countries.