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In a tit-for-tat, EU readies $108 bn tariff pushback to Trump's Greenland threat

Trending:Iran unrestIce protestsUS strike in SyriaBMC electionsAustralian openAR Rahman on ChhaavaIn a tit-for-tat, EU readies $108 bn tariff pushback to Trump's Greenland threatFP News Desk • January 19, 2026, 08:16:16 ISTWhatsapp Facebook TwitterThe European Union is preparing retaliatory trade measures after President Donald Trump threatened new tariffs linked to US demands over Greenland. AdvertisementSubscribe Join Us+ Follow us On GoogleChoose Firstpost on GoogleDonald Trump warned he will impose new tariffs on eight European countries from February 1, saying they will stay in place until the US is allowed to buy Greenland (Reuters)A fresh trade confrontation is taking shape between the European Union and the United States. EU ambassadors agreed on Sunday to step up efforts to deter President Donald Trump from imposing new tariffs while readying countermeasures if the duties are enforced. Trump said on Saturday he would introduce a new wave of tariffs from February 1. The measures would target Denmark, Sweden, France, Germany, the Netherlands, and Finland, as well as Britain and Norway.

Reuters)

Reuters)

Credit: Donald Trump warned he will impose new tariffs on eight European countries from February 1, saying they will stay in place until the US is allowed to buy Greenland (

Key Highlights

  • The tariffs would remain until the US is allowed to buy Greenland.
  • Several major EU states described the move as blackmail. STORY CONTINUES BELOW THIS ADEmergency summit and retaliation optionsEU leaders are due to meet at an emergency summit in Brussels on Thursday.
  • One option under discussion is a package of tariffs on 93 billion euros ($107.7 billion) of US imports.
  • These measures could automatically take effect on February 6 after a six-month suspension. Another option is the so-called Anti-Coercion Instrument, which has never been used.
  • It could restrict access to public tenders, investments, or banking activity, or limit trade in services.
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Sources

  1. In a tit-for-tat, EU readies $108 bn tariff pushback to Trump's Greenland threat

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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