EU considering hitting U.S. with 93 bln euro worth of tariffs over Greenland
2026-01-19 10:23:03 source：CGTN
January 19, 2026
The European Union is considering imposing 93 billion euros ($107.68 billion) worth of tariffs on Washington or restricting American companies' access to the bloc's market, in response to U.S. President Donald Trump's tariff threats over Greenland, according to the Financial Times.
Citing officials involved in the preparations, the Financial Times said the retaliatory measures are being drafted to give European leaders leverage ahead of pivotal meetings with Trump at the World Economic Forum in Davos.
The report said the EU had drawn up the tariff list since last year but kept it suspended until February 6 to avert a trade war. However, amid the escalation of the transatlantic rift over Greenland, representatives of EU members discussed reactivating it on Sunday, alongside talks about using the Anti-Coercion Instrument, which could curb U.S. firms' access to the bloc's market.
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