Trump Announces New Tariffs on Some European Countries in Greenland Standoff

Trump Announces New Tariffs on Some European Countries in Greenland Standoff

The New York Times general

Key Points:

  • President Trump announced new tariffs of 10 percent on Denmark and several European NATO allies, including Norway, Sweden, France, Germany, Britain, the Netherlands, and Finland, starting February 1, aiming to pressure them into negotiating the sale of Greenland.
  • The tariffs would increase to 25 percent on June 1 if these countries do not agree to a deal for the "complete and total purchase" of Greenland.
  • The Supreme Court is set to rule soon on the legality of Trump's use of the International Emergency Economic Powers Act, which he has invoked to impose such tariffs; a ruling against him could limit his ability to enact these measures.
  • The new tariffs would be added on top of existing U.S. tariffs, which include