Germany and France 'will not be blackmailed' with US tariff threat, finance ministers say
Germany and France reject U.S. tariff threats linked to Greenland purchase attempt; EU may impose tariffs on €93 billion of U.S. imports and consider an anti-coercion instrument.
- On Jan 19, German Finance Minister Lars Klingbeil and French Finance Minister Roland Lescure said Europe will not be blackmailed after U.S. President Donald Trump vowed rising tariffs over Greenland, with Klingbeil stating, `Germany and France agree: We will not allow ourselves to be blackmailed.`
- EU leaders will meet at an emergency summit in Brussels on Thursday to discuss response options including the anti-coercion instrument, which Roland Lescure said should be considered as a deterrent.
- One option under consideration is a tariff package covering 93 billion euros of U.S. imports that could automatically reactivate on Feb. 6 after a six-month suspension.
- The measures under discussion could include the Anti-Coercion Instrument, which could restrict access to public tenders, investments or banking activity and limit trade in services, while Klingbeil urged Europeans to defend sovereignty and warned escalation would harm both economies.
- Looking beyond immediate reprisals, ministers said Europe needs to strengthen itself economically, politically and in security; Lescure stated, `Our objective in the coming days, weeks, quarters and years is to politely but firmly convince Scott Bessent that he is wrong`.
21 Articles
21 Articles
Europe won’t be ‘blackmailed’: EU plans emergency summit after Trump Greenland tariff threat
German Chancellor Friedrich Merz on Monday said Europe wants to “avoid escalation” over US President Donald Trump’s threatened tariffs on countries that oppose his designs on Greenland.
Metin Hakverdi, Transatlantic Coordinator of the Federal Government, talks about the impact of the Greenland affair and Trump's tariff threats on the German-American relationship. "We must now act together.
Germany’s vice chancellor rails against Trump: ‘Limit has been reached’
Germany’s Vice Chancellor and Finance Minister, Lars Klingbeil, is pushing back against President Donald Trump amid the tenuous situation involving Denmark, Greenland, and Trump’s proposed tariffs against European nations. Speaking to the media on Monday morning, Klingbeil encouraged the European Union not to be reluctant to use retaliatory measures against the United States if tariffs were implemented. He stressed that Europe must make the U.S.…
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