Trump, Europe and Greenland
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4don MSN
Trump has tariffs. Europe has a ‘trade bazooka.’ This Greenland standoff could get ugly, fast
President Donald Trump threatened Saturday to impose new 10% tariffs on imports from several European countries. It could unravel months of progress made during trade negotiations settled after Trump’s trade war last year.
By Manoj Kumar and Shivangi Acharya NEW DELHI, Jan 23 (Reuters) - India and the European Union are expected to announce the conclusion of protracted negotiations for a free trade pact on Tuesday, two Indian and EU government sources said.
European business groups have called for the EU to consider countermeasures in response to U.S. tariff threats.
The European Union will suspend retaliatory tariffs on €93 billion ($109 billion) of US goods for another six months after US President Donald Trump backed down from his threat to impose levies on some EU countries that opposed his push to annex Greenland.
By Philip Blenkinsop BRUSSELS, Jan 21 (Reuters) - U.S. customs authorities will face a real challenge if President Donald Trump goes through with his threat to place tariffs on six EU countries - rather than the whole European Union - given the ease of movement of goods between EU members.