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Alarm in Europe Over Fresh Tariff Threat as Finance Ministers Meet

Summary by The Journal
On Saturday, US President Donald Trump announced that he would be levying tariffs of 10% on all goods sold in the US by eight European nations until the US acquires Greenland.

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Alarm in Europe Over Fresh Tariff Threat as Finance Ministers Meet

·United States
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Bags in hung over after the tax-free hangover of the weekend. Nothing resounding, actually. If you compare the negative indices of yesterday's European squares with the panic generated by the Liberation day in April 2025, you can see that we are in a moment of physiological adjustment. Finance doesn't like surprises, and so it gives signs of moderate annoyance when it happens. Trump's threats against the eight European countries, which oppose it…

Trade tensions between the United States and the European Union must calm down quickly, said outgoing Finance Minister Eelco Heinen before talks in Brussels. These tensions have escalated due to threats from US President Donald Trump. He wants to hit countries that support Danish sovereignty over Greenland with 10 percent import duties.

·Apeldoorn, Netherlands
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The Journal broke the news in Ireland on Monday, January 19, 2026.
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