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    MarketForces Africa » Foreign » Europe Holds Crisis Talks as Trump Sets Rising Tariffs Over Greenland

    Europe Holds Crisis Talks as Trump Sets Rising Tariffs Over Greenland

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJanuary 18, 2026 Foreign No Comments5 Mins Read
    Europe Holds Crisis Talks as Trump Sets Rising Tariffs Over Greenland
    Donald Trump, US President
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    Europe Holds Crisis Talks as Trump Sets Rising Tariffs Over Greenland

    European leaders were angered and dismayed on Saturday when U.S. President Donald Trump said Washington would impose a 10 per cent tariff on imports from eight countries from Feb. 1, citing disagreements over Greenland.

    Trump said the tariff would apply to all goods sent to the U.S. from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland.

    The levy would rise to 25 per cent from June 1 and will remain in place “until such time as a Deal is reached for the Complete and Total purchase of Greenland,” he said in his post on Truth Social.

    EU Council President António Costa criticised Trump’s threat. “If we want prosperity, we must open markets, not close them.

    “We must create zones of economic integration, not raise tariffs,” he said as he signed a free trade agreement between the EU and the South American trade bloc Mercosur in Paraguay.

    “The EU has always been very determined in defending international law – and, of course, especially in the territory of a member state,” he said when asked about Trump’s planned tariffs.

    Trump has repeatedly said he seeks to own Greenland in order to guarantee security in the Arctic, justifying his plans with security concerns about threats from China and Russia in the region.

    Largely autonomous Greenland is part of the territory of Denmark, a NATO member. With a population of just under 57,000, Greenland has said it does not wish to become part of the United States.

    NATO allies also say that Greenland does not need to be taken over by the U.S. to protect the Arctic. European Commission President Ursula von der Leyen and Costa warned of the consequences after Trump’s threatened levies.

    “Tariffs would undermine transatlantic relations and risk a dangerous downward spiral. Europe will remain united, coordinated, and committed to upholding its sovereignty,” the two said in posts on social media.

    The EU had actually agreed on a deal with the U.S. last year in the customs dispute, which still has to be approved by the European Parliament.

    The deal foresaw the U.S. customs duty of 15 per cent set to apply to most European products. Meanwhile customs duties on U.S. industrial goods would be completely abolished and barriers to the import of certain foods would be removed.

    The leader of the European People’s Party (EPP), Manfred Weber, said that his group supports the tariff deal, but that approval is not possible at this time in view of Trump’s threats. “The 0 per cent tariffs on U.S. products must be suspended,” he said.

    Representatives of the EU member states are set to meet on Sunday for a special session after Trump’s threat. The Cypriot presidency said an extraordinary meeting at ambassadorial level was convened for the afternoon in response to the latest announcements by the U.S.

    It remains unclear whether possible countermeasures will be discussed at Sunday’s gathering. The EU has an instrument to defend itself against trade pressure, a regulation applying in situations where a third country attempts to use trade measures to force the EU or a member state to make a certain decision.

    The regulation allows for counter-tariffs and many other measures, though the instrument is only to be used as a last resort.

    The threatened tariffs affect countries that recently sent soldiers on an exploratory mission to the Arctic island at the heart of the dispute.

    Trump was angered by the European NATO members that have sent soldiers to the Arctic island for a reconnaissance mission ahead of a military exercise. In Saturday’s post, the U.S. president strongly criticised the deployment.

    “Denmark, Norway, Sweden, France, Germany, The United Kingdom, The Netherlands, and Finland have journeyed to Greenland, for purposes unknown,” he wrote, describing this as “a very dangerous situation for the Safety, Security, and Survival of our Planet.”

    But von der Leyen and Costa said the exercise was in line with the need to strengthen security in the Arctic and did not pose a threat to anyone.

    “The EU stands in full solidarity with Denmark and the people of Greenland. Dialogue remains essential, and we are committed to building on the process begun already last week between the Kingdom of Denmark and the U.S.,” they said in posts on X.

    Earlier, the head of the Arctic Command Søren Andersen told dpa that the military exercise in Greenland was set to continue for several more months.

    “What we are currently doing is planning a longer-term exercise, which will continue throughout 2026 and perhaps into 2027,” he said.

    “The Germans, as well as the Swedes and Norwegians, among others, are up here to explore the possibilities for joint training here,” Andersen said. The U.S. was also invited to “train up here” as were all NATO members, Andersen told. #Europe Holds Crisis Talks as Trump Sets Rising Tariffs Over Greenland#

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    Europe Greenland Trump
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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