Trump's Greenland tariffs threaten European allies

Trump's Greenland tariffs threaten European allies

CNBC world

Key Points:

  • U.S. President Donald Trump threatened to impose escalating tariffs on eight European NATO members if they oppose his attempt to buy Greenland, starting with 10% on February 1 and rising to 25% on June 1.
  • European leaders, including UK Prime Minister Keir Starmer and French President Emmanuel Macron, condemned the tariff threat as "completely wrong" and "unacceptable," emphasizing the importance of NATO collective security and European sovereignty.
  • The European Union expressed full solidarity with Denmark and Greenland, calling for continued dialogue after recent talks with U.S. officials ended without agreement, while Denmark's Foreign Minister expressed surprise at the tariff threat following constructive meetings.
  • An emergency EU meeting was scheduled to address the issue, with Finnish President Alexander St