⚡️ ICYMI: President Trump recently threatened to slap new tariffs on eight European nations until they cut a deal for the U.S. to buy Greenland 🌍❄️. Here's the lowdown:
In a Truth Social post on Saturday (Jan 17), Trump announced that starting February 1, a 10% tariff will hit all goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland. Brace for a tariff hike to 25% on June 1, 2026, if no Greenland deal is in sight.
At a White House event on Friday (Jan 16), he hinted that any country not backing the Greenland purchase could face similar levies 🚨. His goal? "Complete and total purchase of Greenland"—no joke, according to his post.
Remember, Greenland is an autonomous territory of Denmark, rich in minerals and strategic Arctic location. Trump claims national security stakes and hasn't ruled out military options. Unsurprisingly, Denmark and its European allies have pushed back hard.
And the defense build-up is real: on Thursday (Jan 15), France deployed a 15-person contingent to Greenland, joining earlier deployments from Germany, Sweden, Norway, Finland, the Netherlands and the UK. Europe's sending a clear message: this isn't up for grabs 🛡️.
Why should you care? These tariffs could ripple across global supply chains—from your next smartphone drop 📱 to winter gear and even gaming consoles. South and Southeast Asia's tech hubs and e-commerce scenes might feel the pinch if component costs rise or shipping fees climb.
Stay tuned as this Arctic showdown unfolds 🚀. Will Europe stand firm or negotiate? Either way, brace for potential price bumps and supply shifts in early 2026.
Reference(s):
Trump threatens tariffs on 8 European nations over Greenland deal
cgtn.com
