U.S. President Donald Trump's renewed tariff threat over Greenland has escalated the transatlantic trade dispute into a high-stakes geopolitical confrontation, increasing the risk of a sustained trade war, a structural disruption of economic ties, strained NATO cohesion and a failure to settle the underlying dispute over Greenland. On Jan. 20, European and U.S. leaders began to gather in Davos, Switzerland, for the 2026 World Economic Forum summit, where transatlantic tensions are running high after Trump on Jan. 17 announced plans to impose an additional 10% tariff on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the United Kingdom, with the measures scheduled to take effect on Feb. 1. The affected countries are already subject to existing U.S. tariffs imposed under earlier trade actions, meaning the new measures would further raise the effective tariff burden on a broad range of European exports. Trump explicitly linked future tariff relief...
