European Leaders React to Trump's 10% Tariff Threat

Summary

The clip reports on President Trump's threat to impose 10% tariffs on eight European countries due to their symbolic support for Greenland, with the levy set to rise to 25% in June. The EU is considering retaliatory tariffs on €93 billion of US goods and may delay a vote on its trade deal with Washington. European leaders are meeting Thursday to discuss a collective response, while Treasury Secretary Scott Bessent maintains a hard line. The standoff raises risks of renewed transatlantic trade conflict and uncertainty for US-EU trade relations.

• Trump threatens 10% tariffs on eight European nations starting February 1.
• Tariffs would rise to 25% on June 1 absent a Greenland deal.
• EU discusses retaliating against €93 billion of US goods.
• European Parliament unlikely to vote on July US-EU trade deal.
• EU anti-coercion instrument and prior retaliation measures are on the table.
• European leaders plan an emergency meeting Thursday in Brussels.
• Bessent says US projects strength while Europe projects weakness.
• Trade fight risks economic damage and support for Ukraine.