Macron Says European Union "Should Not Hesitate" to Use Anti-Coercion Mechanism in Face of Greenland Tariff Threats
The EU plans up to €93 billion in counter-tariffs and measures to deter U.S. economic coercion after Trump’s Greenland tariff threats, targeting trade, finance, and intellectual property.
- On Sunday in Brussels, France urged the European Union to deploy its Anti‑Coercion Instrument, designed to deter "economic coercion" affecting trade and investment policies.
- After U.S. tariff threats tied to Greenland, President Donald Trump’s warnings spurred diplomatic fallout as Danish government representatives skipped WEF events and Greenland’s prime minister opposed tariff pressure.
- European officials are considering a package combining roughly 93 billion euros in tariffs with trade-related intellectual property and procurement steps targeting autos, luxury goods, and pharmaceuticals including BMW, Stellantis, LVMH, Kering, Novo Nordisk, and Roche.
- Markets reacted quickly, with European stocks falling on Monday and U.S. stock futures signalling a drop of more than 300 points for the Dow Jones Industrial Average.
- EU divisions matter because not all member states back the ACI; Germany remains cautious due to export reliance, while officials call the ACI a 'nuclear option' with widespread fallout.
57 Articles
57 Articles
Explained: What is the EU's trade bazooka and could it target the US?
The EU is considering trade retaliation against the US after Donald Trump’s Greenland threats, debating use of its Anti-Coercion Instrument, a powerful but slow-moving tool that could restrict access to Europe’s vast market.
Trump is testing Europe – and the clock is ticking
A year into Donald Trump’s second presidency, he is pressing ahead with a volatile agenda that tests the limits of the international order. Europe, by contrast, looks disorganised in the face of the threats Trump is making to annex Greenland and strategically hesitant overall. Rather than setting out a coherent approach, the response risks splintering into reactive moves shaped by domestic constraints. If this pattern continues, the fallout coul…
In the ongoing Greenland conflict Donald Trump threatens with massive tariffs against Europe. Denmark counters this, Emmanuel Macron attacks the language image.
US Trade Representative Jamieson Greer today warned European countries not to use the EU's Instrument for Protection from Economic Coercion (ACI), or the so-called trade bazooka, which is mentioned among possible EU measures in response to US threats of tariffs regarding Greenland.
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