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Europe Considers €93 Billion Tariff Response to Trump’s Greenland Threats


Sun 18 Jan 2026 | 11:07 PM
Israa Farhan

European countries have signaled a united front after US President Donald Trump threatened to impose new tariffs on eight European states over their opposition to Washington’s ambitions regarding Greenland.

The European Union is now weighing countermeasures that could include tariffs worth up to €93 billion on US goods or restrictions on American companies’ access to European markets.

An emergency meeting of ambassadors from the EU’s 27 member states has begun in Brussels to coordinate a collective response to Trump’s latest warnings. While no immediate decisions are expected, diplomats are holding intensive discussions on the range of legal, trade and political options available to the bloc.

At the same time, Denmark’s foreign minister has launched a diplomatic tour of Norway, the United Kingdom and Sweden to discuss strengthening NATO’s role in Arctic security. He warned that the global order and the future of the alliance are increasingly at stake amid rising tensions over the Arctic region.

In a joint statement, the governments of the United Kingdom, Denmark, Finland, France, Germany, the Netherlands, Norway and Sweden said US tariff threats would undermine transatlantic relations and risk a serious escalation. The countries pledged to respond in a unified and coordinated manner, while reaffirming their commitment to sovereignty and territorial integrity.

The dispute intensified after Trump reacted sharply to the deployment of European troops to Greenland as part of Danish-led military exercises. He warned that tariffs of 10 percent could be imposed from February 1, rising to 25 percent in June, unless an agreement was reached allowing the United States to acquire the self-governing territory.

European governments stressed that the military presence posed no threat to any party and fell within shared security commitments under NATO. They also expressed solidarity with Denmark and the people of Greenland, while underlining their readiness for dialogue based on international law and respect for sovereignty.

Senior EU officials have meanwhile raised the possibility of activating the bloc’s “anti-coercion instrument”, a mechanism that could allow Brussels to suspend access to public procurement markets or limit investment flows if Washington proceeds with its tariff plans.