Philenews

Undaunted Trump Faces Europe: 'Now is the Time and it Will Happen' for Greenland – €93 Billion in Retaliation from the EU on the Table

Published January 19, 2026, 06:22
Undaunted Trump Faces Europe: 'Now is the Time and it Will Happen' for Greenland – €93 Billion in Retaliation from the EU on the Table

Donald Trump remains steadfast in his intention to buy Greenland, despite strong reactions from Europe and the threat of tariffs amounting to 93 billion euros. Trump argued that acquiring Greenland is necessary to counter the Russian threat, and threatened tariffs on European countries that resist his proposal. The European Union is discussing various retaliatory measures, including the use of the Anti-Coercion Instrument, a tool that would allow the imposition of tariffs and investment restrictions on the US. France proposed examining the use of the tool, while the EU had already approved similar tariffs last year, but suspended their implementation after a trade agreement with the US. MEPs are proposing to postpone the approval of this agreement due to Trump's behavior.