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Trump Cancels EU Tariff Threat

Former U.S. President Donald Trump has officially withdrawn his threat to impose new tariffs on European Union countries, easing fears of an escalating transatlantic trade war. The decision came after high-level talks with NATO leadership, where a framework understanding on Arctic and Greenland security was discussed.

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Trump had earlier warned of up to 10–25% tariffs on European imports, a move that drew strong criticism from EU leaders and raised concerns in global markets. Following the announcement, US–EU tensions showed signs of cooling, and markets reacted positively, though European officials say trade relations remain fragile pending further negotiations.

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