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Trump vows tariffs on eight European nations over Greenland

Published by Global Banking & Finance Review

Posted on January 17, 2026

1 min read

· Last updated: January 19, 2026

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Trump vows tariffs on eight European nations over Greenland
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WASHINGTON, Jan 17 (Reuters) - U.S. President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to purchase Greenland. In a

Trump vows tariffs on eight European nations over Greenland

WASHINGTON, Jan 17 (Reuters) - U.S. President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to purchase Greenland.

In a post on Truth Social, Trump said 10% tariffs would come into effect on February 1 on Denmark, Norway, Sweden, France, Germany, Great Britain, the Netherlands and Finland. Those tariffs would increase to 25% on June 1 and would continue until a deal is reached for the United States to purchase Greenland, Trump said.

(Reporting by Jason Lange; Editing by Sergio Non)

Key Takeaways

  • Trump plans tariffs on European nations over Greenland.
  • 10% tariffs start February 1, increasing to 25% by June.
  • Targeted countries include Denmark, Norway, and others.
  • Tariffs aim to pressure a Greenland purchase deal.
  • Trade tensions between the US and Europe may escalate.

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