From February, eight European nations may face a 10% US tariff on all goods and services. Tariffs mean less trade. Less trade means fewer jobs. And yes, that includes yours. Let us take a look.
What do these countries export to the US?
Denmark, the home of Lego, exports pharmaceuticals and wind turbines to the US.
Norway is the top supplier of industrial metals used in American cars and salmon in your sushi
Sweden is not just meatballs but a hub for vehicles and telecoms.
Remember Nokia? In Finland, they do not make phones anymore but build 5G networks for your iPhone and export the paper for your Amazon packages.
France is the global capital of luxury fashion and aerospace, so the factories making Airbus parts are in Alabama.
Tariffs for Germany mean higher prices for your car and, in general, industrial manufacturing.
The UK is a powerhouse in life sciences and Rolls-Royce jet engines on American planes
Finally, there is the Netherlands, a critical link in the global semiconductor supply chain.
But you see, this is not just their problem.
Our European single market is a chain. A Polish factory supplies parts to German cars. A Spanish firm powers French tech.
European diplomats are now trying to talk US President Donald Trump down. But if that fails, Brussels has the Anti-Coercion Instrument that can freeze vital parts of EU-US trade.
It will hurt both sides. But as the Danish PM said: “Europe will not be blackmailed.”
Finally, why not just sell the island? Last year, over 80% of Greenlanders refused to be traded like real estate. And if we sell sovereignty today, what is next?