US-EU Trade Tensions Rise Over Greenland and Tariff Threats Amid Retaliation Talks

President Trump's renewed push to acquire Greenland and his threat to impose tariffs on several European countries have escalated tensions between the U.S. and Europe, risking a trade conflict. The European Union is considering retaliatory tariffs on over $100 billion of American goods and other measures, while U.S. officials urge calm and downplay the risk of a prolonged trade war. Economists warn that such a dispute could slow growth and disrupt deeply intertwined trans-Atlantic trade and investment ties, potentially prompting Europe to diversify away from the U.S. market.