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Trump Imposes Tariffs on European Nations Over Greenland Dispute

The U.S. imposes economic sanctions on several European countries, escalating a territorial dispute.
Key Metrics

11.62

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Regional
  • Last Update
    2026-01-18
Key Impacts
Positive Impacts (2)
Gold
U.S. Domestic Automobile Sector
Negative Impacts (9)
European Luxury Goods Sector
European Automobile Manufacturers
DAX Index
FTSE 100
Euro Stoxx 50
Trans-Atlantic Container Shipping
Total impacts: 11 | Positive: 2 | Negative: 9
Event Overview

The U.S. imposes economic sanctions on several European countries, escalating a territorial dispute. The tariffs aim to pressure these nations into a significant land purchase, highlighting geopolitical tensions and the use of trade as a diplomatic tool.

Collect Records
Trump Announces Tariffs on European Countries Over Greenland
2026-01-18 08:06

U.S. President Trump announced that, due to the issue of Greenland, from February 1, 2020, all goods exported to the U.S. by Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland will be subject to a 10% tariff, which will increase to 25% on June 1, until these countries agree to 'completely and thoroughly purchase Greenland.' Trump stated that the actions of these countries pose a potential threat to global peace and security. He emphasized that the U.S. has been working to acquire Greenland for over 150 years, and this need is now more urgent due to the requirements of defense systems.

Total records: 1
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