This week, the European Union is gearing up to hit back after U.S. President Donald Trump intensified his push to acquire Greenland, a self-governing territory within the Kingdom of Denmark. The drama unfolded on Saturday, January 17, when Trump announced that starting February 1, the U.S. would impose 10% tariffs on goods from Denmark, Norway, Sweden, France, Germany, Britain, the Netherlands and Finland. Those duties could jump to 25% on June 1 unless Washington strikes what Trump called a “complete and total purchase” of Greenland 🌍💸.
On Monday, January 19, Trump declined to comment when NBC News asked if he might use military force to seize the island, replying simply, “No comment.” Yet he made clear he’s “100 percent” serious about tariffs if the strategic territory isn’t sold.
Brussels isn’t taking this lightly. EU leaders say sovereignty is off the bargaining table and are weighing a range of countermeasures to defend allied unity and free trade principles. As one EU diplomat put it, “Sovereignty not for trade.” 🔥
- What’s at stake: Greenland’s strategic location and NATO solidarity
- Tariffs timeline: 10% from Feb 1; 25% from June 1 if no deal
- EU response: possible matching tariffs, diplomatic protests, and legal options
For young investors and entrepreneurs, these escalating tensions could reshape North Atlantic trade routes. For globe-trotters dreaming of Greenland’s icebergs, political chill may be the current forecast. Stay tuned as this high-stakes saga unfolds! 🤔
Reference(s):
'Sovereignty not for trade': EU ramps up to U.S. Greenland threat
cgtn.com
