Important points
- President Trump announced that he would impose 10% tariffs on eight European countries over the Greenland issue.
- The tariffs 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 a 10% tariff on exports to the United States starting in February unless Denmark agrees to sell Greenland.
In a post on Truth Social, President Trump said these countries have long benefited from U.S. protection and trade preferential treatment, and now is the time to “return the favor” by agreeing to sell Greenland.
In addition to Denmark, the countries affected by the tariffs include Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, and unless a deal is reached, the tax rate will rise to 25% on June 1.
The US president said Denmark was incapable of defending its territory and warned that foreign powers were seeking greater influence in the region.
Trump added that the move was related to the development of the “Golden Dome” missile defense system, which he argued needed Greenland’s geography to be most effective. He said the policy is necessary to protect the security of the United States and the world.
