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The Latest Breaking News from European Union

Newsletter: EU mulls retaliation but prioritises diplomacy with US over Greenland

Also in this newsletter: we preview the week ahead at the World Economic Forum in Davos, and bring you the latest from Portugal after Sunday's presidential ballot.

Euronews

European stock markets fall as Trump renews tariff threats; trade war would be a ‘wrecking ball’ for UK manufacturing, union says

Rolling coverage of the latest economic and financial news

The Guardian - UK

Starmer to hold emergency press conference after Trump Greenland warning

Donald Trump has threatened to impose tariffs of up to 25% on the UK and seven other European allies unless the US is allowed to purchase Greenland from Denmark. Sir Keir Starmer, the Prime Minister, will address the issue, asserting that applying tariffs for opposing the Greenland purchase is "wrong"…

The Independent UK

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Europe Today: EU-US trade war looms as Davos week begins

Tune in to Euronews' new flagship morning programme, Europe Today, at 8 am Brussels time. In just 15 minutes, we bring you up to speed on the biggest news of the day.

Euronews

World leaders gather in Davos with Trump’s Greenland threats set to dominate forum

Influential meeting takes place as Europe scrambles to respond to Donald Trump’s latest tariff threats

The Independent UK

Trump news at a glance: EU weighs up economic sanctions against US after Trump’s tariff threats

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 glance

The Guardian - US

EU Leaders Confront Trump's Greenland Tariff Threat — Can Europe Afford a Trade War?

EU leaders convene in Brussels after Trump's Greenland-linked tariffs on eight nations, debating countermeasures and the real cost of a burgeoning trade conflict with the United States.

International Business Times UK

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Europe warns of ‘dangerous downward spiral’ after Trump’s Greenland tariff threat

UK needs to have ‘adult debate’ with US, culture secretary says, as EU warns of ‘dangerous downward spiral’

The Independent UK

Europe warns tariff threat ‘risks dangerous downwards spiral’ in Greenland row

The US president now faces potential counter-tariffs of over £80bn if he chooses to proceed

Evening Standard

EU holds back trade ‘bazooka’ as it seeks diplomatic solution with the US over Greenland

European Union countries will not yet deploy the anti-coercion instrument (ACI) in response to Trump’s Greenland tariff threats, people familiar with the matter told Euronews. The EU will prioritise a 'diplomatic solution'.

Euronews

Starmer must choose between ‘special relationship’ and Europe after Trump’s Greenland tariffs

THE INDEPENDENT VIEW: Editorial: The US president’s confrontation with Europe has stripped away Britain’s diplomatic pretences. After courting Washington, the prime minister is now becoming isolated, exposed and short of options

The Independent UK

Morning Mail: Europe in crisis talks over US Greenland threats, calls for scrutiny over carbon offset scheme, the great koala paradox

Calls for investigation into Australian carbon offset company; Trump’s tariffs threat sparks crunch EU talks; why saving the koala is so difficult to get right

The Guardian - AU

Trump has threatened European countries with higher tariffs if he doesn’t get Greenland. Will it work?

In an extraordinary escalation of his bid to claim Greenland, US President Donald Trump has threatened eight European countries – Denmark, Sweden, Norway, Finland, Great Britain, France and Germany and the Netherlands – with a 10% tariff on all goods coming into the United States from February 1 until he…

The Conversation

Macron Pushes EU to Deploy Trade 'Bazooka' Against Trump Over Greenland Tariff Threats

Emmanuel Macron urges EU to activate its powerful anti-coercion instrument for the first time as Trump threatens escalating tariffs on eight European nations over Greenland.

International Business Times UK

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Euronews

World leaders gather at Davos as Trump reshapes global order

The annual gathering of political and business elites comes as Europe faces its biggest test ever over its relationship with Washington, its economic model and its security architecture.

The Guardian - UK

Western alliance hangs in balance as Europe stiffens itself against Trump’s threats

US demand to own Greenland leaves little scope for compromise, and forcing the issue would entail end of Nato

Euronews

What is the EU's anti-coercion instrument, and how does it work?

Calls grow for the EU to deploy its ultimate trade bazooka as Trump threatens fresh tariffs to force the sale of Greenland. The anti-coercion instrument would shut off access to the European single market, punishing US companies. It is powerful on paper, but untested in real life.

The Guardian - UK

Trump’s tariff shock suggests EU’s strategy of flattery and appeasement has failed

Next few weeks will show if Trump has finally pushed too far with Greenland levies, as calls grow for bloc to take tougher action

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The Guardian - UK

The Guardian view on Trump and Greenland: get real! Bullying is not strength

Editorial: Tariff threats over the Arctic island expose the limits of coercive diplomacy. Europe’s united response and pushback shows fear is fading

Fortune

Europe can wield this $8 trillion 'sell America' weapon as Trump reignites a trade war over his Greenland conquest ambitions

"Europe owns Greenland, it also owns a lot of Treasuries."

Axios

Trump's Greenland tariff threat pushes Europe toward its trade "bazooka"

Some EU leaders want economic retaliation against the U.S.

The Independent UK

How will Trump’s tariffs affect the UK economy?

Exporters of medicine, pharmaceutical products, cars and machinery are set to bear the brunt of Trump’s tariff rage

Euronews

Trump's Greenland threat risks 'dangerous downward spiral,' European leaders say

Italian PM Giorgia Meloni called US tariff threats over Greenland a "mistake", adding that she has spoken with US President Trump on the telephone.

Fortune

The EU could fire a never-before-used 'trade bazooka' to retaliate against Trump tariffs aimed at NATO allies sending troops to Greenland

In addition to limiting trade in goods and services, the anti-coercion instrument could also target foreign direct investment and financial markets.

Euronews

Pressure grows on the EU to deploy trade bazooka against Trump's Greenland tariff threat

Pressure is mounting on the European Union to deploy its anti-coercion instrument in response to President Trump's threat to impose tariffs until Denmark agrees to sell Greenland. France's Macron calls for trade bazooka to be deployed, while Italy's Meloni says Trump's tariffs are an 'error'.

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