French President Emmanuel Macron speaks at the World Economic Forum in Davos about the European Union's so-called bazooka.

French President Emmanuel Macron speaks at the World Economic Forum in Davos about the European Union’s so-called bazooka.

Ludovic Marin/Getty Images

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Ludovic Marin/Getty Images

“Sell America.” There’s new talk of how Europe could turn the economic screws on the U.S. after President Trump’s play for Greenland. Selling U.S. Treasury bonds is one way. Another is a legal tool. It’s been called the EU’s bazooka.

On today’s show, taking stock of Europe’s financial arsenal. How could America’s largest foreign lender lighten Americans’ wallets?

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For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.