EU warns of downward spiral after Trump threatens tariffs over GreenlandListen to this articleA 3D-printed miniature model of U.S. President Donald Trump, the EU flag and the word "Tariffs" appear in this illustration taken January 17, 2026. REUTERSBRUSSELS: European Union ‌leaders on Saturday ​warned of a "dangerous downward spiral" over U.S. President Donald Trump's vow to implement increasing tariffs on European allies until the U.S. is allowed ‌to buy Greenland. "Tariffs would undermine transatlantic relations and risk a dangerous downward spiral. "Tariffs risk making Europe and the United States poorer and undermine our shared prosperity. Ambassadors from ​the European Union's 27 countries will convene on Sunday for an emergency meeting to discuss their response to the ​tariff threat.

Source: Bangkok Post January 18, 2026 04:21 UTC