Summary
President Donald Trump has threatened to impose tariffs on eight European countries unless the U.S. can purchase Greenland. This has led to strong reactions from Europe and threatens a potential U.S.–EU trade agreement. Some European leaders have suggested using a new EU tool to restrict U.S. companies' access to the European market in response.
Key Facts
- President Trump threatened 10% tariffs starting February 1 on several European countries related to buying Greenland.
- If no deal is reached, the tariffs would increase to 25% in June.
- European leaders, including French President Emmanuel Macron, have suggested using the EU's anti-coercion instrument.
- The EU–U.S. trade deal is at risk, as European leaders say approval is now unlikely.
- Key European officials have called the tariff threat "unbelievable" and "unacceptable."
- An emergency meeting among European leaders took place to discuss the situation.
- European Commission President Ursula Von der Leyen warned of the negative effects new tariffs could have on transatlantic relations.
- EU foreign policy chief Kaja Kallas expressed concern over the impact of tariffs on ties with the U.S. and potential benefits for China and Russia.
