Trump Targets Europe with Import Tax Over Greenland Dispute
President Donald Trump announced a 10% import tax starting February on goods from eight European countries due to opposition against US intentions to purchase Greenland. The tariff will increase to 25% by June if no agreement is reached with Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland.
- Country:
- Greenland
President Donald Trump has declared a new 10% import tax on goods from eight major European nations, effective February. The announcement follows resistance from these countries regarding the US's proposed purchase of Greenland.
Trump made the announcement via social media, outlining that the tariff could escalate to 25% by June 1 if unresolved.
The countries affected include Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland as Trump seeks leverage in negotiations.
(With inputs from agencies.)
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