Trump imposes tariffs over Greenland
World
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Moneycontrol17-01-2026, 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.

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