20/01/2026

Trump Announces Tariffs on European Nations Over Greenland Purchase

US President Donald Trump has announced a 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, effective February 1. The tariff is set to increase to 25% on June 1 unless a deal is reached for the purchase of Greenland. Trump stated that the US has sought to acquire Greenland for over 150 years and emphasized the need for strong measures to ensure global peace and security. He described the current geopolitical situation regarding Greenland as dangerous, citing concerns over China and Russia's interests in the region.

Published 2 days ago • 18 Jan 2026, 12:40 AM IST

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