
In response to U.S. President Donald Trump's threat to impose tariffs starting February 1 on eight European countries over Greenland, the European Union is preparing retaliatory measures, including tariffs on up to €93 billion of U.S. goods and potential use of its Anti-Coercion Instrument. EU leaders condemned the tariff threats as coercive and damaging to transatlantic relations, emphasizing dialogue but readying economic countermeasures. The dispute has heightened tensions, unsettled markets, and raised concerns about the future of U.S.-EU trade and NATO alliances.
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