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    Home > Finance > EU calls emergency envoys meeting for Sunday after Trump vows tariffs linked to Greenland
    Finance

    EU calls emergency envoys meeting for Sunday after Trump vows tariffs linked to Greenland

    Published by Global Banking & Finance Review®

    Posted on January 17, 2026

    1 min read

    Last updated: January 19, 2026

    EU calls emergency envoys meeting for Sunday after Trump vows tariffs linked to Greenland - Finance news and analysis from Global Banking & Finance Review
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    Tags:PresidentBrexitfinancial crisisinternational financial institutioneconomic growth

    Quick Summary

    The EU has called an emergency meeting after Trump threatened tariffs linked to the US purchasing Greenland. Cyprus, holding the EU presidency, announced the meeting set for Sunday.

    EU calls emergency envoys meeting for Sunday after Trump vows tariffs linked to Greenland

    BRUSSELS, Jan 17 (Reuters) - Ambassadors from the European Union's 27 countries will convene on Sunday for an emergency meeting after U.S. President Donald Trump vowed a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland.

    Cyprus, which holds the six-month rotating EU presidency, said late on Saturday that it had called the meeting for Sunday. EU diplomats said it was set to start at 5 p.m. (1600 GMT).

    (Reporting by Philip Blenkinsop)

    Key Takeaways

    • •EU convenes an emergency meeting in response to Trump's tariff threats.
    • •Trump's tariffs are linked to a demand to buy Greenland.
    • •Cyprus, holding the EU presidency, called the meeting.
    • •The meeting is set for Sunday at 5 p.m. (1600 GMT).
    • •EU diplomats are preparing to address US-EU trade tensions.

    Frequently Asked Questions about EU calls emergency envoys meeting for Sunday after Trump vows tariffs linked to Greenland

    1What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops rapidly. It can lead to a loss of confidence in the financial system and result in economic downturns.

    2What is economic growth?

    Economic growth refers to the increase in the production of goods and services in an economy over a period of time. It is usually measured by the rise in Gross Domestic Product (GDP).

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