Everything We Know About Donald Trumps' Tariffs and How They Will Impact the UK Economy?
- On January 19, 2026, US President Donald Trump announced a 10% tariff on imports from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, effective February 1, 2026, threatening to increase it to 25% by June 1, 2026, linked to Greenland negotiations.
- Eight European nations expressed solidarity with Denmark and Greenland, warning that Trump's tariff threats could strain longstanding alliances and global peace, according to a joint statement reported by Reuters.
- Norwegian Prime Minister Jonas Gahr Støre urged caution against escalating trade tensions, emphasizing the need for dialogue to prevent a trade war, as reported by Reuters.
- European Council President Antonio Costa stated that the European Union would defend international law and coordinate a response to Trump's tariff threats, aiming to maintain transatlantic relations, according to Costa's remarks.
14 Articles
14 Articles
Greenland row: US futures sink after Trump warns tariffs on 8 countries
Bangkok: US stock futures skidded Monday, January 19, after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries because they oppose having America take control of Greenland. The European countries targeted by Trump blasted the move, saying his threats “undermine transatlantic relations and risk a dangerous downward spiral.” An unusually strong joint statement from Denmark, Norway, Sweden, Fr…
Trump warns of tariffs against Norway. Equinor CEO Anders Opedal warns of the consequences in the wake of the legal victory in the US.
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- 40% of the sources are Center, 40% of the sources lean Right
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