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Sunday, January 18, 2026
EU weighs $108 billion in retaliatory tariffs on US over Trump’s Greenland threat — report
European capitals may hit the US with 93 billion euros ($108 billion) worth of tariffs, or restrict American companies from the bloc’s market, in response to US President Donald Trump’s threats to NATO allies opposed to his campaign to take over Greenland, the Financial Times reports.
The retaliation measures are being drawn up to give European leaders leverage in pivotal meetings with Trump at the World Economic Forum in Davos this week, the FT report says, citing officials involved in the preparations for the meetings in Switzerland.
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