Danish equities faced broad selling pressure on Wednesday, with the C25 index turning negative across nearly all constituents.
The sell-off was triggered by fresh remarks from US President Donald Trump at the NATO summit, where he escalated the ongoing transatlantic trade dispute.
Trump threatened to impose a 100% tariff on goods from any country that continues to levy digital services taxes on American companies, a move that directly targets European fiscal policies.
Trump threatened to impose a 100% tariff on goods from any country that continues to levy digital services taxes on American companies, a move that directly targets European fiscal policies.
Rockwool and FLSmidth emerged as the hardest-hit names in Copenhagen, leading the decline in the domestic benchmark.
The sharp repricing reflects investor anxiety over the potential for retaliatory trade measures and the broader deterioration of US-EU economic relations.
The threat of extreme tariffs introduces significant downside risk for Danish exporters and multinational corporations with substantial exposure to the American market.