EU readies €93bn tariffs in retaliation for Trump’s Greenland threat

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Why This Matters

The EU is preparing a €93 billion tariff package in response to a perceived threat by Trump regarding Greenland, and may also restrict US companies' market access. This move is set to escalate tensions between the US and EU ahead of crucial talks at Davos. The EU's retaliatory measures are likely to impact the global economy.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Europe could also threaten to restrict US companies’ market access in run-up to crunch talks at Davos

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Full article on Financial Times
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Original article published by Financial Times on January 18, 2026.
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