Greenland, Europe and Donald Trump
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Leaders from across the European Union held an emergency summit in Brussels to discuss Greenland and, more broadly, their fragile relationship with America.
As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."
US President Donald Trump's tariff threats on eight European states, most of which are part of the EU common market, raises the question: can he really target them individually? - So then, are individual tariffs feasible?
After the latest bout of trade turmoil with the United States, European leaders are looking for ways to project strength to the Trump administration, which considers them weak.
Jean-Claude Juncker, who led the European Commission during the first Trump administration, told Euronews that the EU "cannot be submitted to the neo-colonial behaviour" of the United States. View on
China is the second economy in the world and is bound to become the first one, but nobody wants to hold renminbi. The euro takes up 20.33% of worldwide foreign reserves, the US dollar is stuck at 56.92%, and the long-term trend doesn’t favor the latter.
President Donald Trump has announced the United States would impose 10% tariffs on multiple European countries unless Denmark agrees to a purchase.
European equity markets rallied Thursday as investors welcomed President Trump’s reversal of tariff threats against eight European countries.
EU pivots from US trade, sealing Mercosur and other pacts to cut tariffs and boost exports. Click here to read what investors need to know.