US EditionPublished • loading... • Updated
EU eyes tariffs on $108 billion of U.S. goods over new Trump threat: Report
The EU may impose tariffs or restrict U.S. firms worth €93 billion to counter President Trump's Greenland acquisition threats, risking delays to trade deal approvals this month.
- On Jan 18, the European Union began discussing retaliatory levies on €93 billion of U.S. goods to respond to President Donald Trump's latest tariff threats, FT reported.
- Escalating the dispute over Greenland, U.S. President Donald Trump vowed tariffs on Denmark, Sweden, France, Germany, the Netherlands, Finland, Britain and Norway tied to his push to buy Greenland, an autonomous territory hosting a U.S. military base since the 1940s.
- EU officials weighed using the Anti-Coercion Instrument to restrict U.S. companies' access and limit investment, with tariffs set for Feb. 1 rising to 25% on June 1.
Insights by Ground AI
72 Articles
72 Articles
EU Council President Costa has convened an EU special summit on US President Trump's tariff threats because of the Greenland dispute. There is a postponement of the trade agreement with the US. This could result in additional tariffs of EUR 93 billion on US products. France's President Macron proposed an even tougher approach.
·Germany
Read Full Article
The foreign and security policy expert believes that Europe is trying to avoid escalating the situation.
·Finland
Read Full Article
Coverage Details
Total News Sources72
Leaning Left12Leaning Right14Center12Last UpdatedBias Distribution37% Right
Bias Distribution
- 37% of the sources lean Right
37% Right
L 32%
C 31%
R 37%
Factuality
To view factuality data please Upgrade to Premium
