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Trump Leverages Tariffs in Bid for Greenland, Sparks European Backlash

Trump Leverages Tariffs in Bid for Greenland, Sparks European Backlash

Published:
2026-01-17 20:07:01
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BTCCSquare news:

Former President Donald TRUMP has escalated geopolitical tensions by imposing tariffs on eight NATO countries, linking the economic penalties to demands for Greenland's acquisition. The measures, starting at 10% on February 1 and rising to 25% by June, target Denmark, Norway, Sweden, France, Germany, the U.K., the Netherlands, and Finland. Trump framed the move as a response to military deployments he deemed threatening to U.S. territorial ambitions.

European leaders swiftly condemned the tariff threat, with the European Commission signaling potential countermeasures. The confrontation injects uncertainty into global markets, though direct cryptocurrency implications remain muted. No specific digital assets or exchanges were referenced in the developments.

|Square

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