Summary
President Donald Trump announced plans to impose a 10 percent tariff on several European countries starting February 1. This includes countries with military forces in Greenland such as Denmark and others. The tariff could increase to 25 percent unless an agreement is reached for the purchase of Greenland.
Key Facts
- President Trump shared his plan on Truth Social.
- Affected countries include Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland.
- The initial tariff will be 10 percent, effective February 1.
- The tariff may rise to 25 percent on June 1.
- Trump aims to secure a deal for the purchase of Greenland.
- The goal stated is to protect global peace and security.
