Switzerland
Washington sees tariffs as geopolitical tool, US trade chief says
The US trade chief also explicitly warned the EU against activating its anti-coercion instrument, an emergency mechanism that would restrict US companies' ability to operate in European markets, calling such a move "unwise”.
Markets
European markets drop, gold rises as Greenland tariff threat looms
The US is threatening to impose tariffs on eight European countries unless they support his plans to acquire Greenland. EU leaders are contemplating potential retaliatory measures — reiterating their support for territorial integrity.
Europe News
What is the EU's anti-coercion instrument, and how does it work?
Calls grow for the EU to deploy its ultimate trade bazooka as Trump threatens fresh tariffs to force the sale of Greenland. The anti-coercion instrument would shut off access to the European single market, punishing US companies. It is powerful on paper, but untested in real life.
Europe News
Greenland threats put US-EU trade deal in jeopardy, says senior MEP
The European Parliament’s trade chief told Euronews that the US's stated aim of buying or annexing the Danish territory is changing the assessment of the EU-US trade deal clinched last summer, with some MEPs suggesting it should be frozen.