US EditionMacron Says European Union "Should Not Hesitate" to Use Anti-Coercion Mechanism in Face of Greenland Tariff Threats
The EU plans up to €93 billion in counter-tariffs and measures to deter U.S. economic coercion after Trump’s Greenland tariff threats, targeting trade, finance, and intellectual property.
- On Sunday in Brussels, France urged the European Union to deploy its Anti‑Coercion Instrument, designed to deter "economic coercion" affecting trade and investment policies.
- After U.S. tariff threats tied to Greenland, President Donald Trump’s warnings spurred diplomatic fallout as Danish government representatives skipped WEF events and Greenland’s prime minister opposed tariff pressure.
- European officials are considering a package combining roughly 93 billion euros in tariffs with trade-related intellectual property and procurement steps targeting autos, luxury goods, and pharmaceuticals including BMW, Stellantis, LVMH, Kering, Novo Nordisk, and Roche.
- Markets reacted quickly, with European stocks falling on Monday and U.S. stock futures signalling a drop of more than 300 points for the Dow Jones Industrial Average.
- EU divisions matter because not all member states back the ACI; Germany remains cautious due to export reliance, while officials call the ACI a 'nuclear option' with widespread fallout.
51 Articles
51 Articles
In the ongoing Greenland conflict Donald Trump threatens with massive tariffs against Europe. Denmark counters this, Emmanuel Macron attacks the language image.
Washington sees tariffs as geopolitical tool, US trade chief says
The US trade chief also explicitly warned the EU against activating its anti-coercion instrument, an emergency mechanism that would restrict US companies' ability to operate in European markets, calling such a move "unwise”.
This is madness: Macron threatened Trump that he would force him to respect Europe
French President Emmanuel Macron in Davos called for The EU will use a "trade bazooka" against the United States against the background of Donald Trump's threats to impose duties on a number of EU countries due to disagreement with his plans for Greenland.
Macron says EU may deploy ‘anti-coercion’ tool if US imposes new tariffs
Davos, Switzerland/Paris, Jan 20 (EFE).- French President Emmanuel Macron on Tuesday urged his European Union partners not to give in to the “law of the strongest” and to be ready to use the EU’s anti-coercion mechanism after the United States threatened tariffs amid tensions over Greenland. “The anti-coercion mechanism is a powerful instrument, and we ...
Coverage Details
Bias Distribution
- 45% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
