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Trump's Greenland Ultimatum Triggers EU Counter-Tariff Planning Ahead of Davos

Davos now looms as the test of Trump's tariff ultimatum, with EU capitals preparing retaliatory options.

Overview

  • Trump has set tariffs of 10% from February 1, rising to 25% on June 1, on Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the United Kingdom unless the United States secures control of Greenland.
  • EU leaders warn the move would damage transatlantic ties and are weighing a reported €93 billion countermeasures package and the unprecedented use of the anti‑coercion instrument, with emergency consultations under way and an extraordinary summit discussed.
  • Denmark and Greenland proposed a NATO reconnaissance mission in the Arctic as alliance officials hold consultations on security steps linked to the dispute.
  • Trump sent a combative letter to Norway's prime minister tying his stance to not receiving the Nobel Peace Prize, refused to rule out force with a "no comment," and vowed to proceed "100%" with the tariff plan absent a deal.
  • European positions remain split ahead of expected Davos contacts, with France urging firm retaliation and Germany and Italy pushing de‑escalation, while an eight‑nation statement defended Arctic activities and pledged to uphold sovereignty.