Just as Europe breathed a sigh of relief after 2025's trade deals, former U.S. President Donald Trump has reignited transatlantic tensions with a bombshell demand: Let America buy Greenland or face new tariffs. ⚡
Trump announced plans this weekend to impose 10% tariffs starting February 1 on key EU nations including Germany, France, and Denmark – all countries opposing his controversial Greenland acquisition push. The move sent shockwaves through markets still recovering from last year's trade war volatility 📉.
EU ambassadors scrambled Sunday to prepare countermeasures, with one diplomat calling it "economic blackmail." The bloc is reportedly considering using its new Anti-Coercion Instrument – a trade defense tool finalized in late 2025 – to retaliate if tariffs proceed 🛡️.
"This isn't just about Greenland's minerals anymore," said Sydney-based analyst Tony Sycamore. "It's testing whether last year's hard-won trade agreements can survive political shocks."
With $1.5 trillion in annual transatlantic trade at stake, automakers like Volkswagen and luxury brands fear renewed disruption. The EU's potential retaliation list reportedly targets iconic American products from bourbon to blue jeans 👖.
As global leaders brace for renewed trade turbulence, one question looms: Is this 2026's first major geopolitical showdown? 🌐
