Trump announces escalating tariffs on Denmark and other European nations to force Greenland purchase deal
AI Summary
Donald Trump announced the U.S. would impose a 10% tariff on goods from several European countries, including Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, effective immediately. The tariff, slated to increase to 25% in 2026, is intended to pressure Denmark into selling Greenland to the United States. Trump claims the purchase is vital for U.S. national security and global peace, citing interest from China and Russia in the territory. He stated that the U.S. has unsuccessfully attempted to purchase Greenland for over 150 years. Greenland, a semi-autonomous territory of Denmark, holds strategic importance due to its location, U.S. military base, and access to resources.
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