Key takeaways
- President Trump announced 10% tariffs on eight European countries over the Greenland issue.
- The tariffs will affect Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland.
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President Donald Trump announced today that Denmark and seven European allies will face 10 percent tariffs on goods exported to the United States starting in February unless Denmark agrees to sell Greenland.
In an article on Truth Social, Trump said these countries had enjoyed years of U.S. protection and favorable trade treatment, and now it was time for them to “give back” by agreeing to sell Greenland.
Countries affected by the tariffs, besides Denmark, include Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, and the rate would rise to 25% on June 1 if no deal is reached.
The US president said Denmark did not have the capacity to defend its territory and warned that foreign powers were seeking to increase their influence in the region.
Trump added that the decision is linked to the development of the “Golden Dome” missile defense system, which he said requires Greenland’s geography to operate fully effectively. He said the policy is necessary to protect the security of the United States and the world.
