Trump's Greenland tariffs prompt calls for EU counter-measures
The European Union faced calls to implement a range of economic countermeasures in response to U.S. President Donald Trump’s plans to impose tariffs...
Tensions are rising as the EU considers tougher trade retaliation against the U.S., following a breakdown in negotiations and looming tariffs.
The European Union is preparing stronger countermeasures against the U.S. after trade talks faltered and President Trump threatened a 30% tariff on EU exports by 1 August.
EU diplomats say support is growing, especially from Germany for activating a broad 'anti-coercion' tool that could target U.S. services, public tenders, and investments.
EU Trade Commissioner Maros Sefcovic warned such tariffs would 'practically prohibit' trade, while diplomats say Washington failed to offer consistent solutions.
Though the EU still prefers a negotiated deal, the option to impose retaliatory tariffs on €72 billion worth of U.S. goods is under active consideration.
European Commission President Ursula von der Leyen said the anti-coercion measure was designed for 'extraordinary situations'—and now, the bloc may be nearing that point.
Washington has also rejected the EU's demand for a 'standstill' arrangement, whereby no further tariffs would be imposed after a deal is struck.
The rationale, according to diplomats, is that Trump's hands cannot be tied on national security, the basis of Section 232 trade investigations into pharmaceuticals, semiconductors and timber.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
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Egypt and Sudan have welcomed an offer by U.S. President Donald Trump to restart mediation with Ethiopia in a bid to resolve the long-running dispute over Nile River water sharing.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
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A new agreement between Damascus and the Kurdish-led Syrian Democratic Forces is set to reshape power arrangements in northeastern Syria.
The European Union faced calls to implement a range of economic countermeasures in response to U.S. President Donald Trump’s plans to impose tariffs on eight European countries in connection with Greenland.
Six people have been killed after a massive fire tore through a shopping centre in Pakistan’s largest city, Karachi, authorities said, as firefighters battled through the night to contain the blaze.
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