9 h. ago Expert says Russia and China will benefit most from tariffs against allies who oppose Greenland

Expert says Russia and China will benefit most from tariffs against allies who oppose Greenland  CBS News

Economics

13 h. ago Punch back or punching bag? EU weighs response to Trump’s Greenland tariff threat

After a weekend of Donald Trump threatening to slap tariffs on EU countries for opposing his drive to acquire Greenland, the question on European lips on Monday was: will the bloc finally punch back? A string of national leaders has come out against the US president’s gambit, part of a long-running campaign to make the giant autonomous Danish territory part of America, with speculation mounting that the use of duties could trigger European retaliation. To keep Trump engaged in Ukraine’s war...

Politics

13 h. ago EU weighs response to Trump’s Greenland tariff threat: punch back or punching bag?

After a weekend of Donald Trump threatening to slap tariffs on EU countries for opposing his drive to acquire Greenland, the question on European lips on Monday was: will the bloc finally punch back? A string of national leaders has come out against the US president’s gambit, part of a long-running campaign to make the giant autonomous Danish territory part of America, with speculation mounting that the use of duties could trigger European retaliation. To keep Trump engaged in Ukraine’s war...

Politics

30 h. ago EU considers US$108 billion in retaliatory tariffs on US over Trump’s Greenland threat

European capitals may hit the US with €93 billion ($108 billion) worth of tariffs or restrict American companies from the bloc’s market in response to US President Donald Trump’s threats to Nato allies opposed to his campaign to take over Greenland, the Financial Times reported on Sunday. The retaliation measures are being drawn up to give European leaders leverage in pivotal meetings with Trump at the World Economic Forum in Davos this week, the Financial Times report said, citing...

Economics

57 h. ago Trump hits Denmark and other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

57 h. ago Trump hits Denmark and 7 other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

57 h. ago Trump hits Denmark and 7 other Nato allies with tariffs for opposing US on Greenland

Opening a new front in his worldwide tariff onslaught, US President Donald Trump said on Saturday he would impose a 10 per cent import tax on the United Kingdom and six European countries for opposing his plan to purchase Greenland and that the rate would more than double if they did not let him acquire the Danish territory. His announcement on social media two weeks to the day after he abducted Venezuela’s president from Caracas marks the latest chapter in a tumultuous start to 2026, even by...

Politics