...

Trump announces 10% tariff on Denmark and key European allies over Greenland dispute


Key Takeaways

  • President Trump announced a 10% tariff on eight European countries over the Greenland issue.
  • The tariffs will affect Denmark, Norway, Sweden, France, Germany, UK, Netherlands, and Finland.

Share this article

President Donald Trump announced today that Denmark and seven European allies will face a 10% tariff on goods exported to the US starting in February, unless Denmark agrees to sell Greenland.

In a post on Truth Social, Trump stated that these countries have benefited for years from US protection and favorable trade treatment, and that it is now time for them to “give back” by agreeing to sell Greenland.

The countries affected by the tariffs, besides Denmark, include Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, and the rate would rise to 25% on June 1 if no deal is reached.

The US president said Denmark lacks the capacity to defend its territory and warned that foreign powers are seeking greater influence in the region.

Trump added that the move is tied to the development of the “Golden Dome” missile defense system, which he claimed requires Greenland’s geography to operate to full effectiveness. He said that the policy is necessary to protect US and global security.

Source link

#Trump #announces #tariff #Denmark #key #European #allies #Greenland #dispute

top altcoins, Ethereum alternatives, new cryptocurrencies crypto trading bots, automated trading strategies, AI in cryptocurrency Bitcoin mining, Ethereum mining, best crypto mining hardware Bitcoin news, cryptocurrency latest news, blockchain updates best crypto wallets, secure Bitcoin wallets, multi-currency wallets reviews blockchain technology, fintech innovations, decentralized finance (DeFi) crypto market analysis, Bitcoin price prediction, Ethereum forecast cryptocurrency predictions, Bitcoin price forecast, crypto trends 2024, crypto trends 2025 live Bitcoin prices, crypto price updates, Ethereum price report how to trade cryptocurrency, crypto trading strategies, beginner crypto trading
Welcome to “Cryptocurrency Trading,” your comprehensive destination for the latest news and analysis in the world of **cryptocurrencies** and **currency trading**. We provide rich content focused on **market analysis**, **trading strategies**, and **emerging technologies** that impact the **cryptocurrency market**. Join us to discover the **best investment opportunities** in **Bitcoin**, **Ethereum**, and other leading cryptocurrencies. Our goal is to equip you with the information you need to enhance your trading skills and achieve success in the world of **investment**. Follow us for continuously updated content that supports you in making informed decisions.