Trump Threatens Europe With Heavy Tariffs Over Greenland Dispute
European leaders are weighing the use of a powerful trade defense mechanism after Trump threatened to impose tariffs of up to 25% on eight countries over his demand to purchase Greenland.German Chancellor Friedrich Merz and other officials condemned the proposed measures as trade blackmail while emphasizing the importance of national sovereignty and NATO unity.Economists from
Goldman Sachs and the International Monetary Fund warned that the escalating dispute could reduce global output and trigger significant economic damage for both the
USA and Europe.
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