European leaders hope to avoid Greenland dispute escalating into trade war - News Summed Up

European leaders hope to avoid Greenland dispute escalating into trade war


A large sale style sign reading 'Greenland is not for sale' outside a clothes shop in Nuuk, Greenland, on Monday. Mr Trump has threatened to raise tariffs on trade from Denmark and several other European countries in the next fortnight if the US is not allowed to buy Greenland. It is understood French president Emmanuel Macron will propose the EU threatens to use emergency power – the anti-coercion instrument – to increase its negotiating leverage. Mr Merz, who will meet Mr Trump on Wednesday in Davos, said the EU would work to adopt a “common position”. Senior officials from the Department of Finance attended the meeting, which discussed the threats of extra tariffs Mr Trump has made against eight European countries.


Source: The Irish Times January 20, 2026 10:21 UTC



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