EU Holds Urgent Meeting Following Trump’s Tariff Threats on Greenland
Eurasia Group president Ian Bremmer assesses President Donald Trump’s foreign policy moves on ‘Barron’s Roundtable.’
The European Union is set to convene an emergency meeting of its leaders to formulate a coordinated response following President Donald Trump’s recent threats to impose tariffs on nations that oppose a U.S. acquisition of Greenland.
European Council President Antonio Costa, who oversees meetings of the EU’s 27 national leaders, expressed strong support for Denmark, the governing body of Greenland, in a post on X this past Sunday.
TRUMP THREATENS TARIFFS ON COUNTRIES OPPOSING GREENLAND TAKEOVER PLANS
Residents in Greenland, the largest island in the world, have expressed concern about President Donald Trump’s renewed interest in seizing the territory. (Alessandro Rampazzo/AFP/Getty Images / Getty Images)
President Costa emphasized that the EU stands ready to counter what it perceives as economic coercion from the Trump administration. In response, an EU diplomat informed Reuters that the bloc is preparing a package of retaliatory tariffs, which had been initially drafted in August amid Trump’s escalating tariff initiatives.
This package, valued at approximately $107.7 billion, would impose increased import taxes on a variety of U.S. goods, set to automatically take effect on February 6.
WHY TRUMP ZEROED IN ON GREENLAND AND WHY IT MATTERS IN 3 MAPS
Greenland, recognized as the world’s largest island, has long been regarded by Trump as a strategic outpost in the Arctic, offering access to vital resources and a foothold in a region increasingly contested by Russia and China.
The White House has yet to respond to Fox News Digital’s request for comment regarding these developments.
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On Friday, Trump informed reporters at the White House that he “may put a tariff on countries if they don’t go along with Greenland.”
President Donald Trump first floated the idea of acquiring Greenland during his previous term, a suggestion that drew sharp criticism from Denmark and was dismissed by European leaders. (Shawn Thew/EPA/Bloomberg/Getty Images)
Trump further asserted that acquiring Greenland is essential for U.S. national security. His recent threats of additional tariffs come as his administration awaits a Supreme Court ruling on the legality of certain duties imposed in 2024 that are currently under scrutiny.
Eurasia Group president Ian Bremmer assesses President Donald Trump’s foreign policy moves on ‘Barron’s Roundtable.’
The European Union is set to convene an emergency meeting of its leaders to formulate a coordinated response following President Donald Trump’s recent threats to impose tariffs on nations that oppose a U.S. acquisition of Greenland.
European Council President Antonio Costa, who oversees meetings of the EU’s 27 national leaders, expressed strong support for Denmark, the governing body of Greenland, in a post on X this past Sunday.
TRUMP THREATENS TARIFFS ON COUNTRIES OPPOSING GREENLAND TAKEOVER PLANS
Residents in Greenland, the largest island in the world, have expressed concern about President Donald Trump’s renewed interest in seizing the territory. (Alessandro Rampazzo/AFP/Getty Images / Getty Images)
President Costa emphasized that the EU stands ready to counter what it perceives as economic coercion from the Trump administration. In response, an EU diplomat informed Reuters that the bloc is preparing a package of retaliatory tariffs, which had been initially drafted in August amid Trump’s escalating tariff initiatives.
This package, valued at approximately $107.7 billion, would impose increased import taxes on a variety of U.S. goods, set to automatically take effect on February 6.
WHY TRUMP ZEROED IN ON GREENLAND AND WHY IT MATTERS IN 3 MAPS
Greenland, recognized as the world’s largest island, has long been regarded by Trump as a strategic outpost in the Arctic, offering access to vital resources and a foothold in a region increasingly contested by Russia and China.
The White House has yet to respond to Fox News Digital’s request for comment regarding these developments.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
On Friday, Trump informed reporters at the White House that he “may put a tariff on countries if they don’t go along with Greenland.”
President Donald Trump first floated the idea of acquiring Greenland during his previous term, a suggestion that drew sharp criticism from Denmark and was dismissed by European leaders. (Shawn Thew/EPA/Bloomberg/Getty Images)
Trump further asserted that acquiring Greenland is essential for U.S. national security. His recent threats of additional tariffs come as his administration awaits a Supreme Court ruling on the legality of certain duties imposed in 2024 that are currently under scrutiny.
