Overview
- President Donald Trump announced tariffs of 10% from February 1, rising to 25% in June, on Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland unless a deal for a full purchase of Greenland is reached.
- The European Parliament’s leading groups moved to pause ratification of the EU‑US trade agreement in protest, signaling a broader institutional pushback.
- EU ambassadors held an emergency meeting as officials said capitals are considering counter‑tariffs worth about €93 billion or limits on US firms’ access to the European market, with leverage eyed ahead of Davos contacts.
- The eight affected governments issued a joint communique calling the Danish‑led Arctic exercise coordinated and non‑threatening, vowing a united, coordinated response to the tariff threats.
- Italian Prime Minister Giorgia Meloni labeled the planned tariff increase an error, said she spoke with Trump and NATO’s secretary‑general, and urged de‑escalation while stressing any Italian role would be decided within NATO.