Trump’s Greenland Gambit: Tariffs on 8 European Nations
President Trump has threatened to impose 10%–25% tariffs on eight European nations starting February 1 until a deal is struck for the U.S. to purchase Greenland.
News That Embraces Insight and Understanding
President Trump has threatened to impose 10%–25% tariffs on eight European nations starting February 1 until a deal is struck for the U.S. to purchase Greenland.
In 2025, sweeping US tariffs reshaped global trade, adding $1,200 to US household costs and prompting Asia to rethink supply chains.
Italian pasta producers are bracing for US tariffs of up to 107% this month, risking a price surge in a $780M market and prompting brands to eye Asia’s growing appetite for pasta.
Colombia recalls its ambassador from the US after President Trump threatened higher tariffs and cut aid, deepening a feud over drug policy and military strikes.
US furniture and lumber tariffs are raising consumer prices, with shoppers expected to cover over half the costs, Goldman Sachs warns.
China opposes the US demand for 50-100% tariffs on its Russian oil purchases, dubbing it economic coercion that risks global trade and supply chain stability.
An economist warns that Trump’s tariffs might cause US inflation to surge, impacting prices globally. Discover how this could affect you and why staying informed matters! 🌐📈