EU Weighs €93-B Retaliation vs. Trump’s Greenland Threat

Members of the European Union (EU) have discussed retaliation options—including up to €93 billion in tariffs—in response to President Donald Trump’s decision to impose additional duties on some European countries over Greenland, the SteelRadar trade journal reported.

EU officials are reportedly discussing concrete steps that could be taken against the US if no agreement is reached in talks with Washington.

According to a report by Politico, EU ambassadors held an extraordinary meeting in Brussels following Trump’s decision to impose additional tariffs on eight European countries over Greenland.

During the meeting, officials discussed concrete steps that could be taken against the US if no agreement is reached in talks with Washington. The ambassadors assessed various options that could be activated should Trump’s tariffs come into force.

In this context, the reactivation of measures prepared by the EU last year—but suspended after a trade agreement was reached with the US in July—was brought back onto the agenda.

These measures include the swift imposition of up to €93 billion in tariffs on US goods.

Another prominent option discussed was the EU’s so-called “trade bazooka,” formally known as the Anti-Coercion Instrument, which has never been used before.

This legal framework was created to respond to economic pressure from other countries and allows the EU to take various economic measures against the US.

Under this instrument, US companies could be restricted from accessing the European market, and their commercial licenses and participation in public tenders could be limited.