Author: Press Room

German Vice-Chancellor and Economy Minister Lars Klingbeil told journalists on Monday that the European Union must be prepared to use its full arsenal of retaliatory measures to push back against threats from United States President Donald Trump. “Europeans must make clear the limit has been reached,” the German minister said. “There is a legally established toolbox that can respond to economic blackmail with sensitive measures, we should now examine use.” Over the weekend, Trump said that America will increase tariffs on European goods by 10% if the bloc continues to oppose his efforts to take control of Greenland. Among the…

Published on 19/01/2026 – 10:59 GMT+1 Starting this February, US President Donald Trump will hit eight European countries that openly oppose his bid to take over Greenland with a 10% tariff. His demand? Sell the island or pay up. But the US is the EU’s biggest business partner. Trade in goods and services hits a staggering €1.6 trillion a year. Unlike the deficit with China, this relationship is healthy. Trade is balanced, with a 3% gap. But trade wars are no joke. US exports to Europe support over 2 million American workers, while European investment in the US employs another…

Good morning from Brussels. Officials and diplomats in this city are still reeling this morning after US President Donald Trump threatened to slap an extra 10% tariff on eight European countries — including Denmark, Germany and France — next month, rising to 25% in June, unless Greenland’s sale to the US is agreed. Financial markets are also reacting this morning, with stocks in Asia sliding when trading resumed in the early hours. The European Union is now weighing its response. The European Commission presented member states with a range of options during an urgent meeting on Sunday, sources familiar with…

9:22 GMT+1 What is the anti-coercion instrument? Often dubbed the EU’s trade “bazooka,” the anti-coercion instrument was adopted in 2023 to counter economic pressure from third countries, with the US and China in mind. Activating it requires a qualified majority of member states.The tool allows the EU to go beyond traditional retaliatory tariffs, including by restricting licenses, intellectual property rights or access to public procurement tenders.Targeting US services has been raised repeatedly over the past year as Washington stepped up tariff threats against the bloc before a trade deal was reached last summer. The US runs a services trade surplus…

Published on 19/01/2026 – 7:38 GMT+1 •Updated 8:02 European lawmakers say they will not be blackmailed, as they respond to President Donald Trump’s threats of tariffs against countries voicing support for Greenland. And with the US president signalling a tougher economic stance towards allies, concern is growing in Brussels of a looming trade war. For more on what President Trump is planning, we head to the Swiss village of Davos to connect with our EU editor Maria Tadeo. With her: Mirek Dusek, Managing Director for the World Economic Forum, who offers his insights and perspective on the EU-US spat over…

Portugal’s far-right presidential candidate André Ventura placed second in Portugal’s presidential election on Sunday, securing a place in a runoff next month against centre-left Socialist (PS) candidate António José Seguro. Ventura’s strong showing was another milestone in Europe’s shift to the far-right, as populist parties have got their hands on, or edged closer to, the levers of power in recent years. With almost 98% of votes counted, André Ventura, leader of the Chega (Enough) party that he founded less than seven years ago, captured 24% of the vote and placed second behind Seguro who led with almost 31%. They will…

The European Union backed off from triggering a trade ‘bazooka’ in retaliation for US President Donald Trump’s tariff threats over Greeland during an urgent meeting in Brussels on Sunday, people familiar with the talks told Euronews. EU member states want to first prioritise dialogue and diplomacy with the US, and will in the meantime hold off from triggering any retaliatory measures, the sources said. The EU could however revive a €93-billion retaliation package targeting US products if Trump follows through on his threat to slap an additional 10% tariff on eight European countries — including Denmark, Germany and France —…

Pressure is growing on European leaders to deploy its trade bazooka against the United States after President Donald Trump threatened fresh tariffs if Denmark does not agree to sell the territory of Greenland. In a scenario of coercion, the EU counts with a powerful tool in the anti-coertion instrument, and calls are intensifying for Brussels to trigger it. But how does it work? Euronews explains: What is the anti-coercion tool? Adopted in 2023, the tool was designed with the US and China in mind as the world’s two biggest economies become more assertive in pushing their national interests through tariffs…

Calls are growing louder for the European Union to deploy its trade bazooka against the United States after President Trump said he would impose fresh tariffs on Denmark and its European allies until it agrees to sell Greenland in an unprecedented escalation. European leaders are coordinating their next move after the Trump administration threatened to slap a new 10% tariff on all products coming from eight European countries including Denmark, Germany and France, and suggested more retaliatory measures could follow until a deal is reached for the “complete and total purchase of Greenland.” Greenland is a semi-autonomous territory belonging to…

Published on 18/01/2026 – 13:10 GMT+1 It is the ultimate VIP club. Expect 3,000 participants, including 60 heads of state. This year, US President Donald Trump has confirmed his return, joining leaders like Ukraine’s Volodymyr Zelenskyy and the EU’s Ursula von der Leyen. Among various topics, they will debate geopolitics, quantum economy, green growth and the future of AI. Our goal this year? To see how the world’s political and business elites set the global agenda in person. Last year, we wrote over 130 articles that attracted over quarter of a million page views, so we know you are interested…