#TrumpCancelsEUTariffThreat & #TrumpTariffsOnEurope
These two trends follow a dramatic "de-escalation" by the U.S. administration.
The Conflict: Earlier this month, President Trump threatened a 10% tariff (rising to 25%) on eight European nations—including Denmark, Germany, and France.
The Reason: The tariffs were a leverage tactic to pressure Denmark into a deal regarding U.S. control/ownership of Greenland, citing national security and Arctic competition with Russia and China.
The Resolution: On January 21, following a meeting with NATO Secretary General Mark Rutte in Davos, Trump announced he was scrapping the tariffs. He cited a "framework deal" for future Arctic security, though specific details remain scarce.