Trump links tariffs to Greenland purchase: Economic escalation threatens America's European allies

Trump links tariffs to Greenland purchase: Economic escalation threatens America's European allies

Trump Imposes Escalating Tariffs on European Countries Until Greenland Purchase Deal is Reached: A Controversial Economic Move in Trump Term In a bold and controversial economic move, US President Donald Trump announced on Saturday, January 17, 2026, new tariffs of up to 25% on goods imported from eight European countries, stipulating that they would only be lifted upon reaching an agreement allowing the United States to "purchase Greenland," a territory politically belonging to Denmark. This announcement comes amid a revival of Trump's personal interest in Greenland, which he first raised during his first term, but which now takes on an escalating economic dimension that threatens to spark new trade tensions with America's traditional allies in Europe, amid concerns about its impact on the global economy and international relations. Tariff Details: A Gradual and Comprehensive Escalation In a lengthy post on his social media platform Truth Social, Trump explained that…

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