European Unity Stands Firm Against U.S. Tariff Threats

European finance ministers from Germany and France declared they will not succumb to U.S. threats of escalated tariffs over Greenland. They outlined potential responses, including tariffs and the deployment of an anti-coercion instrument. Leaders will discuss these options at an upcoming emergency summit in Brussels.

On Monday, the finance ministers of Germany and France made a resolute stand against threats from the United States, committing to a united European response against any increased U.S. tariffs over the Greenland dispute.

U.S. President Donald Trump escalated tensions by announcing a series of tariffs on European imports unless the U.S. could secure the purchase of Greenland from Denmark. German Finance Minister Lars Klingbeil and French counterpart Roland Lescure dismissed any notion of being blackmailed by long-time ally the U.S.

As options are considered ahead of an emergency EU summit in Brussels, included are retaliatory tariffs on U.S. imports and the potential introduction of the EU's Anti-Coercion Instrument, aimed at protecting European economic interests. EU officials hope for a return to diplomatic negotiation over coercion.

(With inputs from agencies.)