Trump Threatens Tariffs on Eight NATO Allies Over Greenland Dispute
US President Donald Trump announced a 10% import duty on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, effective February 1, 2026. The tariffs will increase to 25% on June 1, 2026, linked to the US's long-standing interest in acquiring Greenland. This move has raised concerns for India, which is negotiating a trade deal with the US while already facing 50% tariffs on its exports. Experts warn that such US policies highlight the risks of relying on trade agreements for stability, as they do not guarantee protection from sudden economic measures. The situation has prompted a broader reassessment among nations regarding their dependence on US trade relations.
Published 2 days ago • 18 Jan 2026, 02:10 AM IST