Summary
President Donald Trump renewed his push for the US to acquire Greenland and posted a purported text from French President Emmanuel Macron proposing a G7 meeting. Bloomberg's Oliver Crook reported that Trump has announced 10% tariffs on Europe effective February 1 over Europe's resistance to Greenland annexation. European leaders are set to meet Thursday, with divisions over how to respond and Germany seen as more exposed to US tariffs than France.
- Trump renewed his push for the US to acquire Greenland, saying the US 'has to have it' and Denmark cannot reject it.
- Trump posted what he said was a message from Macron expressing confusion over Greenland and proposing a G7 meeting in Paris on Thursday.
- Oliver Crook reported that Trump announced 10% tariffs on Europe effective February 1 due to Europe's resistance to US annexation of Greenland.
- European leaders are scheduled to meet Thursday evening in Brussels for an emergency meeting on the response.
- Macron and German Chancellor Merz differ on approach, with Germany's greater US export dependence explaining its more conciliatory stance.
- Italy was not targeted by the tariffs, while Eastern European countries, Poland, and the Baltics are more concerned about US support for Ukraine.
- The situation is fast-moving, with transatlantic tensions high heading into Davos.