EU discusses $108 billion in retaliatory tariffs; Danish PM says Europe ‘will not be blackmailed’
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The EU is considering retaliatory tariffs on up to $108 billion of US goods after President Trump threatened to impose 10% tariffs on eight European countries. Trump linked the tariffs to his demand for the US to purchase Greenland, citing national security and claiming Russia and China want the island. European leaders condemned the threat, stating “Europe will not be blackmailed.” The situation has reignited transatlantic trade tensions, with the EU planning emergency meetings and exploring countermeasures beyond tariffs.
