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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.
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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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India Today broke the news in India on Sunday, January 18, 2026.
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