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Trump: NATO members to face tariffs increasing to 25% until a Greenland purchase deal is struck

From cnbc.com

Eight NATO members’ goods sent to the U.S. will face escalating tariffs “until such time as a Deal is reached for the Complete and Total purchase of Greenland,” President Donald Trump announced Saturday. The tariffs targeting Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland will start at 10% on Feb. 1, Trump wrote in a Truth Social post. The tariffs will shoot up to 25% on June 1, the president said. His post suggested that the new tariffs on the European allies were being imposed in response to them moving troops to Greenland. They took that step as the Trump administration ... (full story)

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