Overview
- President Donald Trump set 10% U.S. tariffs from February 1, rising to 25% on June 1, on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland to force agreement on U.S. control of Greenland.
- Financial Times reports the EU is preparing a €93 billion tariff list and could restrict U.S. companies’ market access using the Anti‑Coercion Instrument, with ambassadors discussing options ahead of leader meetings in Davos.
- European Council President António Costa announced an extraordinary summit, EU leaders affirmed solidarity with Denmark and Greenland, and the largest group in the European Parliament signaled it would move to freeze a pending EU‑U.S. trade deal.
- U.S. Treasury Secretary Scott Bessent defended the tariffs as a strategic step to avoid a future crisis, while Republican Senators Tom Tillis and Lisa Murkowski, joined by other lawmakers, warned the policy harms NATO cohesion and U.S. interests.
- Thousands protested in Copenhagen and Nuuk against U.S. pressure, allied Arctic drills continued under Danish lead, and Canadian media reported Ottawa is considering sending a small additional military contingent for upcoming exercises.