EU weighs $108 billion in retaliatory tariffs on US over Trump’s Greenland threat — report

Homes in Nuuk, Greenland, January 14, 2026. (Evgeniy Maloletka/AP)
Homes in Nuuk, Greenland, January 14, 2026. (Evgeniy Maloletka/AP)

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.

Most Popular
If you’d like to comment, join
The Times of Israel Community.
Join The Times of Israel Community
Commenting is available for paying members of The Times of Israel Community only. Please join our Community to comment and enjoy other Community benefits.
Please use the following structure: example@domain.com
Confirm Mail
Thank you! Now check your email
You are now a member of The Times of Israel Community! We sent you an email with a login link to . Once you're set up, you can start enjoying Community benefits and commenting.