EU leaders, led by Germany and France, prepare Anti-Coercion Instrument trade weapon against US after Trump threatens 10% tariffs on NATO allies over Greenland dispute; emergency summit set for Thursday in Brussels.

EU moves closer to using its trade bazooka against the US

News Trade Capitals are backing a more forceful response to Donald Trump’s tariff threats. Copy Link Copied Share via email Share on X Share on WhatsApp Share on LinkedIn Donald Trump on Saturday announced he would slap a 10 percent tariff on NATO allies that have opposed his move to take Greenland, including France, Germany, Denmark, the Netherlands, the U.K., Norway, Sweden and Finland. | Shwan Thew/EPA January 20, 2026 8:16 pm CET BRUSSELS — EU leaders have toughened their position and want t...