Trump Imposes Tariffs on European Nations Over Greenland Standoff

World
M
Moneycontrol•17-01-2026, 23:28
Trump Imposes Tariffs on European Nations Over Greenland Standoff
- •US President Donald Trump announced 10% tariffs on eight European countries, effective February 1, 2026, for opposing American control of Greenland.
- •The tariffs will increase to 25% on June 1, 2026, and remain until Greenland is "completely and totally" sold to the United States.
- •Countries targeted include Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland.
- •Trump cited Greenland's strategic importance, mineral wealth, and national security concerns, accusing European nations of jeopardizing global peace.
- •The move escalates tensions over the Arctic territory and could create unprecedented strain within NATO.
Why It Matters: Trump imposes tariffs on European allies to pressure Denmark into selling Greenland to the US.
✦
More like this
Loading more articles...





