The outgoing prime minister of Greenland on Thursday said he would summon party leaders to strengthen their rejection of US President Donald Trump’s plan to annex the island territory, following his most recent comments on the issue.

The leaders of Greenland’s political parties condemned Donald Trump’s latest approach to take over the Arctic island, calling the US president’s comments “unacceptable.”

Greenland’s leaders issued a sharp rebuke of Donald Trump’s renewed calls to annex it Thursday, after the president once again expressed his desire to take over the Arctic island.

Markets have been spooked by the emerging trade war and fear it will trigger a recession, with the S&P 500 index entering "correction" territory recent weeks.

The owner of one of France's top Bordeaux wine chateaux hopes U.S. President Donald Trump's threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not. Trump on Thursday threatened to slap a 200% tariff on European wines and other alcoholic products unless the European Union scraps its planned tax on American whiskey.

Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.

President Donald Trump accused Ireland of taking U.S companies via taxation before exchanging shamrock bowls with Irish Taoiseach Micheal Martin at the White House on Wednesday.

President Donald Trump is hosting Ireland's prime minister, Micheál Martin, for the annual St. Patrick's Day celebration at the White House