US Edition5 Things to Know for Jan. 19: Greenland, Minneapolis Protests, Spain Train Derailment, Gaza Reconstruction, Moon Mission
Tariffs on goods from eight NATO allies start at 10% and will rise to 25% by June 1 unless the U.S. secures a complete purchase of Greenland, Trump said.
- On Saturday, President Donald Trump announced on Truth Social a 10% tariff starting February 1st, 2026 on goods from eight European countries, escalating to 25% on June 1st, 2026 unless a Greenland purchase deal is reached.
- The administration framed the move as leverage to pressure allies opposing U.S. acquisition of Greenland and to bolster Arctic security against Russian and Chinese ambition, citing the International Emergency Economic Powers Act now under Supreme Court review.
- European governments responded with condemnation and vowed a coordinated response while public protests in Nuuk and Copenhagen featured placards reading `Greenland is not for sale!`; markets reacted with FTSE 0.5% lower, Germany's DAX 1.23% lower and France's CAC 40 down 10.63%.
- A bipartisan congressional delegation and senators warned that legislation and Supreme Court review could block or complicate tariffs, while Pence expressed concerns about using questionable constitutional authority for unilateral actions.
- At the World Economic Forum in Davos, Switzerland, this week, further high-level diplomatic meetings are planned as European leaders may seek coordinated countermeasures using EU anti-coercion mechanisms.
92 Articles
92 Articles
US futures sink after Donald Trump warns of higher tariffs for 8 countries over Greenland issue
BANGKOK — European shares mostly fell and U.S. stock futures skidded Monday after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries because they oppose having America take control of Greenland. Germany’s DAX lost 1.3% to close at 24,960.33 and the CAC 40 in Paris fell 1.9% to 8,101.96. Britain’s FTSE 100 declined 0.4% to 10,190.26. Among U.S stock futures, the S&P 500 was down 1% as of 11:…
American President Donald Trump announced Saturday's intention to introduce a higher rate for eight European allies until the US will be allowed to buy the Arctic territory. "Germany and France agree: we will not be sanctified," said German finance minister Lars Klingbeil, in Berlin, during a conference with his French counterpart Roland Lescure. In turn, the French official transmitted that "the gap between foreigners and friends is unacceptabl…
Pittsburgh Post-Gazette
U.S. futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue
BANGKOK — European shares and U.S. stock futures skidded Monday after U.S. President Donald Trump threatened to slap a 10% extra tariff on...
5 things to know for Jan. 19: Greenland, Minneapolis protests, Spain train derailment, Gaza reconstruction, Moon mission
CNN By Alexandra Banner, CNN The nation will pause today to honor and remember the legacy of civil rights leader Rev. Martin Luther King Jr. It’s a federal holiday, which means most post offices, banks and government agencies will be closed. Here’s what else you need to know to get up to speed and on with your day. 1⃣ Greenland tensions The US and Europe are at odds over President Donald Trump’s demand to take over Greenland. Over the weekend, T…
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