Trump Imposes 10% Tariff on European Nations Over Greenland, Threatens 25% Hike

• US President Donald Trump announced a 10% tariff on goods from several European nations, effective February 1, 2026, over his plans to acquire Greenland.
• The tariff will increase to 25% by June 1, 2026, unless an agreement is reached for the "Complete and Total purchase of Greenland."
• Trump justified the tariffs by claiming the US has subsidized Europe and that Greenland is crucial for US national security against China and Russia.
• He cited Greenland's strategic importance for modern missile defense initiatives, referring to them as "The Golden Dome."
• European nations, including NATO members, have shown support for Denmark and Greenland, with some deploying military personnel to the Arctic.

Why It Matters: Trump imposes tariffs on European countries to pressure Denmark into selling Greenland, citing national security concerns.