Trump to Impose Tariffs on Some European Nations Over Greenland

Bloomberg) -- President Donald Trump announced a 10% tariff on European countries rallying to Denmark’s side in his pursuit of Greenland. Trump threatened in a social media post to impose the tariff Feb. 1 and raise the tariff to 25% in June unless “a Deal is reached for the Complete and Total purchase of Greenland.” The tariffs will apply to Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, he said.