Overview
- Trump announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland starting Feb. 1, rising to 25% on June 1 unless a deal to purchase Greenland is reached.
- EU institutions and capitals issued unified condemnations, convened emergency consultations, and warned of countermeasures, with a suspended €93 billion retaliation package set to automatically reactivate in early February if talks fail.
- The tariff move has jeopardized a pending U.S.–EU trade accord, as key European lawmakers declared there is no path to approve the deal while the Greenland-linked duties are threatened.
- Mass demonstrations in Nuuk and across Denmark rejected any transfer of Greenland, while European leaders stressed sovereignty and said Arctic security should be addressed within NATO.
- Bipartisan U.S. lawmakers criticized tying tariffs to territorial pressure and signaled legislative efforts to block such measures, as the Supreme Court’s review of tariff authority injects uncertainty over whether the levies can take effect and for how long.