Trump Tariff Threats Over Greenland Are 'Unjustified,' Says Dutch Prime Minister

Watch on YouTube ↗  |  January 21, 2026 at 19:22  |  7:12  |  Bloomberg Markets
Speakers
Dick Schoof — Prime Minister of the Netherlands

Summary

Dutch Prime Minister Dick Schoof speaks with Annmarie Hordern at Davos about US tariff threats over Greenland, Arctic security, and EU diplomatic and retaliatory options. He calls the tariff threats unjustified and says the EU should be ready to act while pursuing a diplomatic solution. On technology and defense, he praises ASML as a Dutch crown jewel and says Europe must strengthen its economic and defense capabilities within NATO.

  • Dutch PM Dick Schoof says Trump tariff threats over Greenland are unjustified.
  • Schoof says EU should consider all measures, including anti-coercion, if tariffs hit February 1, but prefers diplomacy.
  • He calls for US-Europe cooperation on Arctic security to counter Russia and China.
  • He praises ASML as a crown jewel and supports its lower-end China business while protecting top technology.
  • He says the world order has changed and Europe must become economically and defensively stronger.
  • He confirms Dutch government formation is on track and he expects to leave office.
Ideas
Dick Schoof Prime Minister of the Netherlands 3:17
ASML crown jewel; China sales supported.
Prime Minister Schoof says ASML is a crown jewel of the Netherlands and its surrounding ecosystem should be cherished. He supports allowing ASML to earn money in China through lower-end chip machinery while ensuring top-notch technology stays in the West and the US, calling the company and ecosystem strategically important.
ASML HIGH
Dick Schoof Prime Minister of the Netherlands 6:01
Europe must strengthen defense within NATO.
In a changed world order, Schoof says Europe must adapt by becoming economically stronger and by strengthening its defense side within NATO. He argues Europe must work much more closely together so the EU is an economic union and Europe becomes a real defense force to reckon with.
European defense sector MED
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This Bloomberg Markets video, published January 21, 2026, features Dick Schoof discussing ASML, European defense sector. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Dick Schoof  · Tickers: ASML, European defense sector