EU Weighs $108 Billion in Retaliatory Tariffs Amid Escalating Greenland Dispute with U.S.
The proposed measures, still under internal discussion in Brussels, would target a wide range of U.S. exports and are intended as a deterrent rather than an immediate response, EU sources said. The move reflects growing concern within the bloc that renewed U.S. pressure over Greenland could undermine European sovereignty and destabilize diplomatic
relations with Washington. Greenland, an autonomous territory of Denmark, has long held strategic importance due to its location and natural resources. Trump’s renewed rhetoric has revived unease in European capitals, where leaders view any suggestion of coercive action as unacceptable and contrary to international norms. EU officials emphasized that no final decision has been made and that diplomatic channels remain open. However, the scale of the potential tariffs underscores the seriousness with which Brussels is treating the issue. One senior EU diplomat described the discussions as “preventive planning,” aimed at ensuring the bloc is prepared to respond swiftly if tensions worsen. The European Commission declined to comment directly on the figures but reiterated that the EU “will act decisively to protect its interests and those of its member states.” Financial markets reacted cautiously, with analysts warning that a trade confrontation of this magnitude could disrupt supply chains and further strain an already fragile global economic environment. While relations between the EU and the U.S. have weathered previous disputes, observers note that the Greenland issue carries geopolitical sensitivities that extend beyond trade, raising the stakes for both sides. Source: Financial Times
