Denmark Bolsters Greenland as NORAD Planes Head to Pituffik, EU Mulls Trade Reprisals

Overview

• Denmark confirmed a substantial troop increase in Greenland, with soldiers arriving in Nuuk to reinforce security and join the Arctic Endurance exercise with NATO allies.
• NORAD said military aircraft will arrive soon at the U.S. Pituffik Air Base for long-planned activities coordinated with Denmark and communicated to Greenland's government.
• Trump announced additional U.S. tariffs of 10% on eight European countries from February 1, rising to 25% on June 1 if no agreement is reached on Greenland.
• EU capitals are weighing significant countermeasures, with options reported near €93 billion, as European leaders reject any sale of Greenland and denounce tariff coercion.
• European stocks fell more than 1% while Brazil’s Ibovespa was flat, and Russia’s Kremlin spokesman praised the potential U.S. annexation as consequential while rejecting claims of a Russian threat to the island.