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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'.
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EU finance ministers agreed today that Europe's response to US threats of tariffs linked to US ambitions to take over Greenland must be pragmatic and strong, Cypriot Finance Minister Makis Keravnos said after a meeting in Brussels. Leaders will discuss further steps in this regard on Thursday.
France's ambassador to Denmark emphasizes the importance of standing together.
·Copenhagen, Denmark
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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.
·South Africa
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Coverage Details
Total News Sources69
Leaning Left6Leaning Right14Center15Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 17%
C 43%
R 40%
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