#TRUMP Cancels EU Tariff Threat, Easing Transatlantic Tensions
In a sudden but widely welcomed move, U.S. President Donald Trump has cancelled his earlier threat to impose new tariffs on European Union countries, calming fears of a major trade conflict between Washington and Brussels. The decision follows intense diplomatic pressure from European leaders and fresh negotiations involving NATO and Arctic cooperation.
Earlier this month, President Trump had warned that several European nations could face tariffs of up to 25% if they continued to block U.S. efforts related to Greenland and Arctic security arrangements. The announcement sent shockwaves through global markets, weakened European currencies, and raised concerns of a new transatlantic trade war at a time when the global economy is already fragile.
However, after high-level talks with NATO Secretary-General Mark Rutte, Trump announced that a “framework agreement” had been reached on future Arctic cooperation. Following this development, the U.S. president officially withdrew the tariff threat, signaling a temporary return to diplomacy over confrontation.
European leaders reacted with cautious relief. The European Union responded by suspending its planned €93 billion retaliatory tariff package against the United States, indicating a willingness to restore
