Trump news at a glance: EU weighs up economic sanctions against US after Trump’s tariff threats
Strong Bearish
-95.6
European leaders meet for crisis talks and are expected to discuss reviving plan to levy tariffs on €93bn of US goods – key US politics stories from Sunday 18 January at a glanceThe EU was weighing up retaliatory tariffs on American goods and even deploying its most serious economic sanctions against the US as European leaders lined up to criticise Donald Trump’s threat to levy new taxes on imports from eight nations who oppose his attempt to annex Greenland – which one minister called “blackmail”.“Tariff threats undermine transatlantic relations and risk a dangerous downward spiral,” the leaders of Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland said in a joint statement. “We are committed to upholding our sovereignty.” Continue reading...
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