US Additional Tariffs a 'Mistake,' von der Leyen Says

Summary

European Commission President Ursula von der Leyen spoke at Davos, calling proposed additional US tariffs on the EU a mistake and pledging an unflinching, united and proportional response. She outlined EU plans to support Arctic security through solidarity with Greenland and Denmark, a massive investment push in Greenland, and increased defense spending on European icebreaker capabilities. She also said the EU will work with the US and regional partners on wider Arctic security.

• Von der Leyen criticizes proposed additional US tariffs on the EU.
• EU says its response will be unflinching, united and proportional.
• EU reaffirms the July trade deal and its friendship with the US.
• EU pledges full solidarity with Greenland and Denmark.
• EU plans massive investment in Greenland's economy and infrastructure.
• EU will step up investment in Arctic security.
• Defense spending surge is targeted at European icebreakers and Arctic equipment.
• EU seeks stronger security partnerships with UK, Canada, Norway and Iceland.