EU leaders warn of trade fallout after Trump links tariffs to Greenland purchase

EU leaders warned that President Donald Trump’s threat of escalating tariffs to buy Greenland would damage trade and distract from ending Russia's war in Ukraine.

Insights:
US USUSPresident Donald Trump donald trumpannounced on Saturday, January 17, 2026, a vow to implement increasing tariffs on European allies until the USis allowed to buy Greenland. The announcement has immediately strained the diplomatic ties between Washington and Brussels, with European officials characterizing the move as an unprecedented ultimatum.
FILE PHOTO: European Union flags flutter outside the European Commission headquarters on the day of a summit of EU leaders in Brussels, Belgium, December 18, 2025. REUTERS/Stephanie Lecocq/File Photo
FILE PHOTO: European Union flags flutter outside the European Commission headquarters on the day of a summit of EU leaders in Brussels, Belgium, December 18, 2025. REUTERS/Stephanie Lecocq/File Photo
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