"On January 17, 2026, U.S. President Donald Trump escalated tensions with America's closest allies by announcing a series of retaliatory tariffs on eight European countries, explicitly linked to opposition over Greenland. The move threatens a significant rupture in transatlantic relations and further complicates global geopolitics at a moment already defined by Russia's war on Ukraine and a wider shift in the balance of power."
"Trump declared a 10 per cent tariff on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, set to begin on February 1, 2026, with a rise to 25 per cent on June 1 should European governments continue to reject U.S. demands regarding Greenland. EU leaders and NATO allies were quick to condemn the move as destabilising, warning that it risks weakening alliance cohesion at a critical moment."
"The White House has framed the tariffs as a matter of national security, arguing that these states backed Denmark's rejection of U.S. efforts to purchase, or effectively control, Greenland, an autonomous Danish territory with strategic Arctic significance. That justification has proven deeply controversial. NATO allies have stressed that their presence in Greenland, and their support for Danish sovereignty, were intended to strengthen collective Arctic defence rather than undermine U.S. security. This represents the first major fault line in Trump's latest rationale."
On January 17, 2026, President Donald Trump announced retaliatory tariffs on eight European countries tied to opposition over Greenland. The tariffs impose 10 per cent beginning February 1, 2026, with a scheduled rise to 25 per cent on June 1 if European governments continue to reject U.S. demands regarding Greenland. The White House presented the measures as national security related to attempts to purchase or control Greenland, an autonomous Danish territory with strategic Arctic significance. EU leaders and NATO allies condemned the tariffs as destabilising and warned the measures risk weakening alliance cohesion while Russia's war in Ukraine remains unresolved.
Read at London Business News | Londonlovesbusiness.com
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