Trump Imposes 10% Tariffs on 8 EU Countries Over Greenland Opposition
President Trump announces sweeping tariffs on European nations that opposed US efforts to acquire Greenland, marking a dramatic escalation in transatlantic tensions.
Tariff on 8 EU countries for opposing US control of Greenland
In a dramatic escalation of tensions between the United States and its European allies, President Donald Trump has announced the imposition of 10% tariffs on eight European Union countries that vocally opposed American efforts to acquire Greenland.
The tariffs, which take effect immediately, target imports from Denmark, Germany, France, the Netherlands, Belgium, Sweden, Finland, and Norway. These nations had collectively issued a joint statement earlier this month rejecting any discussion of Greenland's territorial status.
European Response
The European Commission has called an emergency meeting to discuss retaliatory measures, with EU trade officials warning of "proportionate responses" to what they describe as "economic coercion."
Danish Prime Minister Mette Frederiksen reiterated that Greenland "is not for sale" and called the tariffs "an unprecedented attack on our alliance."
Market Impact
Global markets reacted sharply to the announcement, with European indices falling 2-3% in early trading. The euro weakened against the dollar as investors assessed the potential for a broader trade war.