Germany Promises EU Response as U.S. Sets Greenland-Linked Tariffs on European Imports
German leaders promise a coordinated EU response, with industry warning of €8–15 billion in yearly losses.
Overview
- President Donald Trump announced 10% import tariffs from February 1 on the UK, Germany, Denmark, the Netherlands, Norway, Finland, France, and Sweden, rising to 25% on June 1.
- The tariffs are conditioned on a deal for the United States’ “full and final acquisition” of Greenland.
- Economists cited by Bild estimate German exports to the U.S. could fall 5–10%, translating to €8–15 billion in annual losses.
- German trade groups BGA, VDMA, and VDA condemned the move, calling it a new low in relations and urging the EU to prepare countermeasures.
- Vice-Chancellor Lars Klingbeil said Berlin is coordinating with European partners on a response, noting that many EU exports already face roughly 15% U.S. tariffs from a 2025 agreement.