US Stocks

EU Leaders Called to Summit Over Trump's Tariff Decision

Yatirimmasasi.com
19/1/2026 14:50
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EU Leaders Gather for Extraordinary Summit

The European Union (EU) Council Presidency announced that an extraordinary summit will be held following US President Donald Trump's tariff decisions regarding Greenland. EU Council President Antonio Costa emphasized that this special summit, scheduled for January 22 at 19:00, is crucial for the future of transatlantic relations.

Trump's Threat to Greenland

Trump defended his need for Greenland on the grounds of "national security", stating that it is vital for the infrastructure of the Dome of Gold project. Following a meeting in Washington among the foreign ministers of the US, Denmark, and Greenland, it was reported that fundamental disagreements persist. It was stated that the US's desire to take over Greenland is clear.

Denmark's Military Alliance Efforts

Denmark called for increased military cooperation in Greenland. European countries announced that they would send small military units and officers to Greenland as part of this initiative. This move was noted to be made to maintain the strategic balance in the region.

Customs Duties and Trade Relations

As a result of the discussions regarding Greenland, Trump announced that he would impose customs duties on Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland. It was stated that a 10% customs duty would be applied starting from February 1, 2026, and 25% after June 1, 2026 for these 8 European countries. Trump indicated that the duties would continue until the sale of Greenland occurs.

AB summit, Trump, Greenland, customs duties, transatlantic relations
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