Published by Global Banking & Finance Review®
Posted on January 17, 2026
1 min readLast updated: January 19, 2026
Add as preferred source on GoogleTrump threatens tariffs on European nations unless the US can purchase Greenland, with tariffs increasing from 10% to 25% by June.
WASHINGTON, Jan 17 (Reuters) - U.S. President Donald Trump on Saturday vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to purchase Greenland.
In a post on Truth Social, Trump said 10% tariffs would come into effect on February 1 on Denmark, Norway, Sweden, France, Germany, Great Britain, the Netherlands and Finland. Those tariffs would increase to 25% on June 1 and would continue until a deal is reached for the United States to purchase Greenland, Trump said.
(Reporting by Jason Lange; Editing by Sergio Non)
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