EU planning emergency summit as Trump threatens tariffs over Greenland
Fox Business·2026-01-19 00:10

Group 1 - The European Union is convening an emergency meeting to respond to President Trump's threat of tariffs on countries opposing the U.S. acquisition of Greenland [1][4] - European Council President Antonio Costa expressed strong support for Denmark, which governs Greenland, indicating EU solidarity [1] - The EU is preparing retaliatory tariffs worth approximately $107.7 billion on a variety of U.S. goods, set to take effect on February 6 [4] Group 2 - Trump's focus on Greenland is linked to its strategic importance in the Arctic, providing access to critical resources and a foothold in a contested region [5] - The U.S. administration is awaiting a Supreme Court ruling regarding the legality of tariffs imposed in 2024, which adds context to the current tariff threats [8] - Trump stated that acquiring Greenland is essential for U.S. national security, further justifying his administration's aggressive stance [6][8]

EU planning emergency summit as Trump threatens tariffs over Greenland - Reportify