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Announcement of special tariffs :
Trump escalates dispute over Greenland
AFP / Reuters
US President Donald Trump accused several European countries of “playing a very dangerous game” in the conflict. He announced special tariffs until Greenland was sold to the USA.
WASHINGTON, August 21, 2024 – President Trump dramatically escalated a simmering dispute, announcing special tariffs against several European nations until Greenland is sold to the United States. The move, described by some observers as unusually aggressive, comes amid ongoing tensions over the strategically important territory.
Tariffs Tied to Greenland Sale
The President has linked economic penalties to the potential acquisition of Greenland, a move that has sparked international debate.
- President Trump accused unnamed European countries of engaging in a “very dangerous game.”
- The tariffs will remain in effect until Greenland is offered for sale to the U.S.
- The announcement has drawn criticism from international leaders and economists.
The President, speaking to reporters, accused several European countries of obstructing potential negotiations. “They are playing a very dangerous game,” he stated, without naming the specific nations involved. He then announced the imposition of special tariffs, the details of which are expected to be released later this week.
What are the potential consequences of these tariffs? The tariffs are expected to impact a range of goods imported from the targeted European countries, possibly disrupting trade and raising prices for consumers. Economists are already warning of a possible retaliatory response, which could lead to a wider trade war.
The idea of the United States purchasing Greenland has been floated by Trump before. In 2019, he publicly expressed interest in acquiring the autonomous Danish territory, but the proposal was met with swift rejection from both Danish and Greenlandic officials.
The current escalation appears to be a renewed effort to pressure Denmark into considering a sale. Though, Greenland’s Premier Múte bourup Egede has repeatedly stated that Greenland is not for sale.
The announcement has been met with widespread criticism. Several European leaders have condemned the tariffs as “unacceptable” and “protectionist.” Concerns have also been raised about the potential impact on international relations and the
