• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Top EU official warns Trump’s tariff threat over Greenland pushback is ‘a mistake’

by January 20, 2026
written by January 20, 2026

The European Union’s top official did not hold back in her warnings about President Donald Trump’s threat to impose fresh tariffs on countries opposing his push for the U.S. to acquire Greenland, a semiautonomous Danish territory.

European Commission President Ursula von der Leyen called Trump’s threats ‘a mistake’ and questioned U.S. trustworthiness, saying that the EU-U.S. trade deal from July had to ‘mean something.’

‘Arctic security can only be achieved together. This is why the proposed additional tariffs are a mistake, especially between long-standing allies. The EU and U.S. have agreed to a trade deal last July. And in politics as in business — a deal is a deal. And when friends shake hands, it must mean something,’ Von der Leyen said.

‘We consider the people of the United States not just our allies, but our friends. And plunging us into a dangerous downward spiral would only aid the very adversaries we are both so committed to keeping out of the strategic landscape,’ she added, vowing the EU’s response would be ‘unflinching, united and proportional.’

French President Emmanuel Macron also addressed the issue at Davos, saying the tariffs could force the EU to use its anti-coercion mechanism against the U.S. ‘for the very first time,’ The Associated Press reported. The outlet noted that he argued that allied countries should be focused on bringing peace to Ukraine and ending the nearly four-year war with Russia.

Trump announced on Saturday that starting on Feb. 1, Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands and Finland would face a 10% tariff on all goods imported to the U.S. The rate will then increase to 25% on June 1. The president added that ‘this tariff will be due and payable until such time as a deal is reached for the complete and total purchase of Greenland.’

The president doubled down on his argument that U.S. control of Greenland was necessary to protect national security and American interests, saying that the acquisition would be key to developing the Golden Dome, a cutting-edge missile defense system meant to intercept threats targeting the American homeland.

The Trump administration’s rhetoric about Greenland has caused friction between the U.S. and several allies, who warn that annexing the territory could burn diplomatic bridges. However, on Tuesday, Treasury Secretary Scott Bessent said U.S. relations with Europe remain strong and encouraged trading partners to ‘take a deep breath,’ the AP reported.

Leaders from Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the U.K. issued a joint statement on Tuesday, affirming their commitment as NATO members to ‘strengthening Arctic security as a shared transatlantic interest.’ They also expressed their solidarity with Denmark and Greenland.

‘Tariff threats undermine transatlantic relations and risk a dangerous downward spiral. We will continue to stand united and coordinated in our response. We are committed to upholding our sovereignty,’ the statement read.

Some European nations recently tried to flex their muscles with a brief troop deployment to Greenland. France, Germany, Sweden and Norway participated in a two-day exercise to bolster the Danish territory’s defenses amid Trump’s threats. Germany deployed a reconnaissance team of 13 personnel, France sent 15 mountain specialists and Sweden, Norway and Britain sent three, two and one officers, respectively, according to Reuters.

In text messages that Trump published on Truth Social, Macron suggested a meeting of the Group of Seven (G-7) nations in Paris after the conference in Davos. The AP reported that an official close to Macron confirmed the authenticity of the text exchange. As of Jan. 20, no such meeting had been announced.

Fox News Digital reached out to the White House for comment.

The Associated Press and Fox News Digital’s Greg Norman-Diamond and Gillian Turner contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Democrat senator accuses Trump of ‘declaring war’ on Minnesota with Insurrection Act threat
next post
Trump appears at White House briefing one year after inauguration

related articles

Sanders caught on camera snapping at reporter over...

May 21, 2026

WATCH: Wesley Hunt flips script on Dems’ ‘Jim...

May 21, 2026

Trump fires warning shot at SCOTUS as major...

May 21, 2026

Senate GOP erupts over Trump DOJ ‘anti-weaponization’ fund,...

May 21, 2026

Former Detroit mayor blows governor’s race wide open...

May 21, 2026

Microbiologist one step closer to winning late Democrat’s...

May 20, 2026

Omar breaks silence on alleged fraud connections in...

May 20, 2026

Trump’s endorsement put to the test in Alabama...

May 20, 2026

Trump jolts immigration hawks with surprising defense of...

May 20, 2026

Trump-backed nominees dominate primary contests as president tightens...

May 20, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • JD Vance campaigns in Philly on Day 1 of the DNC in Chicago

    August 19, 2024
  • Top catalysts for the S&P 500 Index, SPY, VOO, and JEPI this week

    April 20, 2026
  • ‘DOGE is not dead,’ defiant House caucus leader declares in push to revive Musk-era cuts

    December 8, 2025
  • Polish conservative Karol Nawrocki wins presidential election to succeed Duda

    June 2, 2025
  • Sports executive charged with bid-rigging in Texas arena project

    July 10, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,526)
  • Investing (2,728)
  • Stock (1,028)

Latest Posts

  • Has the market fallen out of love with Bumble?

    August 9, 2024
  • Gorsuch has stern message when asked about Biden Supreme Court proposals: ‘Be careful’

    August 4, 2024
  • Rosie O’Donnell says daughter blames Trump for forcing their family’s move out of America

    December 2, 2025

Recent Posts

  • Former AG Barr ‘dumbfounded’ at DOJ’s decision to release letter of Trump would-be assassin

    September 23, 2024
  • Colby’s China-focused Pentagon playbook sparks Ukraine arms freeze

    July 3, 2025
  • GOP talks on millionaire tax hike come from party’s populist streak, strategists say

    April 24, 2025

Editor’s Pick

  • Harris senior spokesman silent on whether he still thinks Liz Cheney is ‘crazy,’ a ‘warlord’

    October 22, 2024
  • ‘Important lesson’: Conservative activist reveals ‘fascinating’ experience at liberal Sundance Film Festival

    January 31, 2025
  • Trump announces newest nominations to lead DOJ, regulate US railroads

    December 22, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock