French minister warns Trump could suffer from tariff threats
Donald Trump has threatened to impose tariffs on several European countries over opposition to his plans to acquire Greenland. French Agriculture Minister Annie Genevard warned that the United States could also face significant losses if these tariffs are enacted. She highlighted the potential negative impact on American farmers and industrialists. The minister also emphasized that any US takeover of Greenland would be "unacceptable" to Europeans.
What we know
- Donald Trump has threatened a 10-per cent tariff from February 1 on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland.
- The tariff would increase to 25 per cent on June 1 "until such time as a deal is reached for the complete and total purchase of Greenland."
- Annie Genevard stated that both the US and its farmers and industrialists stand to lose in a tariff escalation.
- An extraordinary meeting of EU ambassadors was called in Brussels for Sunday afternoon.
- The French minister stressed that a US takeover of Greenland would be "unacceptable" and that Europeans will not allow the US to act unilaterally.
