President Trump announced a new tariff policy targeting several European countries, linking the measure to renewed negotiations over Greenland. In a Truth Social post on Saturday, January 17, the president said the United States will impose a 10% tariff on “any and all goods” imported from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland beginning February 1. The tariff rate would increase to 25% by June 1.
According to the post, the tariffs would remain in effect until a deal is reached for the “complete and total purchase of Greenland.” Trump framed the move as a negotiating tool, stating that the United States is “immediately open to negotiation with Denmark and/or any of these Countries,” despite what he described as decades of US protection and support.
While additional details regarding scope, exclusions, and implementation have not yet been released, the announcement introduces potential uncertainty for trade with several US allies. Mohawk Global will continue to track updates and provide additional information as it becomes available.