Trump to impose tariffs on European countries over Greenland
BREAKING
US President Donald Trump has announced a new set of tariffs for a swathe of countries that export goods to the US, beginning on 1 February.
Trump says these will remain in place until "such time as a Deal is reached for the Complete and Total purchase of Greenland" by the US.
Writing on social media, Trump says countries including Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland will be "charged a 10% tariff" on "all and any" goods sent to the US.
On 1 June, this will be increased to 25%, he writes on Truth Social.
As a reminder, tariffs are taxes on imported goods, and are usually paid to the government by companies bringing in foreign products.