US Financial Century
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
US Financial Century
No Result
View All Result
Home Latest News

Top EU official warns Trump’s tariff threat over Greenland pushback is ‘a mistake’

by
January 20, 2026
in Latest News
0
Top EU official warns Trump’s tariff threat over Greenland pushback is ‘a mistake’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The European Union’s top official did not hold back in her warnings about President Donald Trump’s threat to impose fresh tariffs on countries opposing his push for the U.S. to acquire Greenland, a semiautonomous Danish territory.

European Commission President Ursula von der Leyen called Trump’s threats ‘a mistake’ and questioned U.S. trustworthiness, saying that the EU-U.S. trade deal from July had to ‘mean something.’

‘Arctic security can only be achieved together. This is why the proposed additional tariffs are a mistake, especially between long-standing allies. The EU and U.S. have agreed to a trade deal last July. And in politics as in business — a deal is a deal. And when friends shake hands, it must mean something,’ Von der Leyen said.

‘We consider the people of the United States not just our allies, but our friends. And plunging us into a dangerous downward spiral would only aid the very adversaries we are both so committed to keeping out of the strategic landscape,’ she added, vowing the EU’s response would be ‘unflinching, united and proportional.’

French President Emmanuel Macron also addressed the issue at Davos, saying the tariffs could force the EU to use its anti-coercion mechanism against the U.S. ‘for the very first time,’ The Associated Press reported. The outlet noted that he argued that allied countries should be focused on bringing peace to Ukraine and ending the nearly four-year war with Russia.

Trump announced on Saturday that starting on Feb. 1, Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland would face a 10% tariff on all goods imported to the U.S. The rate will then increase to 25% on June 1. The president added that ‘this tariff will be due and payable until such time as a deal is reached for the complete and total purchase of Greenland.’

The president doubled down on his argument that U.S. control of Greenland was necessary to protect national security and American interests, saying that the acquisition would be key to developing the Golden Dome, a cutting-edge missile defense system meant to intercept threats targeting the American homeland.

The Trump administration’s rhetoric about Greenland has caused friction between the U.S. and several allies, who warn that annexing the territory could burn diplomatic bridges. However, on Tuesday, Treasury Secretary Scott Bessent said U.S. relations with Europe remain strong and encouraged trading partners to ‘take a deep breath,’ the AP reported.

Leaders from Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the U.K. issued a joint statement on Tuesday, affirming their commitment as NATO members to ‘strengthening Arctic security as a shared transatlantic interest.’ They also expressed their solidarity with Denmark and Greenland.

‘Tariff threats undermine transatlantic relations and risk a dangerous downward spiral. We will continue to stand united and coordinated in our response. We are committed to upholding our sovereignty,’ the statement read.

Some European nations recently tried to flex their muscles with a brief troop deployment to Greenland. France, Germany, Sweden and Norway participated in a two-day exercise to bolster the Danish territory’s defenses amid Trump’s threats. Germany deployed a reconnaissance team of 13 personnel, France sent 15 mountain specialists and Sweden, Norway and Britain sent three, two and one officers, respectively, according to Reuters.

In text messages that Trump published on Truth Social, Macron suggested a meeting of the Group of Seven (G-7) nations in Paris after the conference in Davos. The AP reported that an official close to Macron confirmed the authenticity of the text exchange. As of Jan. 20, no such meeting had been announced.

Fox News Digital reached out to the White House for comment.

The Associated Press and Fox News Digital’s Greg Norman-Diamond and Gillian Turner contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Democrat senator accuses Trump of ‘declaring war’ on Minnesota with Insurrection Act threat

Next Post

Trump appears at White House briefing one year after inauguration

Next Post
Trump admin sought redactions on key China war game report warning of US military readiness gaps

Trump admin sought redactions on key China war game report warning of US military readiness gaps

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Donald Trump fixates on Harris aide Ian Sams, who goads him on Fox News

Donald Trump fixates on Harris aide Ian Sams, who goads him on Fox News

October 23, 2024
Trump’s Fed Criticism Sparks Investor Concerns

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025
Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

0
Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

0
Kamala Harris’s narrow opening with GOP-leaning voters

Kamala Harris’s narrow opening with GOP-leaning voters

0
Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

0
Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

January 21, 2026
Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

January 21, 2026
Armed militias fire heavy machine guns through Tehran streets in deadly night attacks

Armed militias fire heavy machine guns through Tehran streets in deadly night attacks

January 21, 2026
Israeli UN ambassador sends stark warning to Iran amid growing unrest

Israeli UN ambassador sends stark warning to Iran amid growing unrest

January 21, 2026
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

    Gov Whitmer says America ‘ready for a woman president,’ contrasting Michelle Obama

    January 21, 2026
    Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

    Air Force One turns around shortly after takeoff for Trump’s trip to Switzerland

    January 21, 2026
    Armed militias fire heavy machine guns through Tehran streets in deadly night attacks

    Armed militias fire heavy machine guns through Tehran streets in deadly night attacks

    January 21, 2026
    Israeli UN ambassador sends stark warning to Iran amid growing unrest

    Israeli UN ambassador sends stark warning to Iran amid growing unrest

    January 21, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Usfinancialcentury.com

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Usfinancialcentury.com