🚨 BREAKING: EU LEADERS WARN OF A “DANGEROUS DOWNWARD SPIRAL” 🇪🇺⚠️
European Union Heads in cluding Ursula von der Leyen and Antonio Costa have strongly condemned President Trump’s vow to impose escalating tariffs on European allies unless the U.S. is allowed to pressure Denmark over Greenland. �
Reuters
📍 What EU Leaders Are Saying
• Tariffs will undermine transatlantic ties and risk a dangerous downward spiral. �
• Europe will remain united, coordinated, and committed to upholding sovereignty. �
• Top EU diplomat Kaja Kallas added tariffs could hurt prosperity on both sides and distract from key priorities like ending Russia’s war in Ukraine. �
Reuters
Anadolu Ajansı
The Business Standard
📊 Who Would Be Affected
Trump’s tariff plans target goods from:
• Denmark
• Norway
• Sweden
• France
• Germany
• UK
• Netherlands
• Finland
and could rise from 10% to 25% by June if a Greenland agreement isn’t reached. �
euronews +1
🌍 Why This Is Serious
• This marks one of the most severe transatlantic trade tensions in years. �
• EU leaders see this as coercive and damaging to long-standing alliances. �
• The dispute adds strain to NATO cooperation and joint security priorities. �
Reuters
Anadolu Ajansı
euronews
👀 Market Sentiment Watch
Geopolitical risk like this often moves markets before news fully breaks — especially in energy, FX, and risk assets.
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