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U.S. Tariff Threats Over Greenland Risk Making U.S., EU Poorer, EU Rep Says -- Market Talk

Dow Jones01-20

1326 GMT - EU foreign affairs chief Kaja Kallas says that President Trump's threats to impose tariffs on some European countries to pressure Denmark into selling Greenland won't work. "Let me be clear, Greenland belongs to its people. No threat or tariffs will change that. Sovereignty is not for trade," she says. "Tariff threats will not pressure Denmark into handing over Greenland. They only risk making both Europe and the U.S. poorer and undermining our shared responsibility," she says at a European Parliament debate in Strasbourg, France. "We have no interest in picking a fight but we will hold our ground." (edith.hancock@wsj.com)

 

(END) Dow Jones Newswires

1828 GMT - Relations with the U.S. have been dealt a blow in the past year, but disagreements with allies will only serve to benefit adversaries, says Kaja Kallas, the European Union's top diplomat. "The signal is strength that we need to send and strength comes from unity," Kallas says at an EU leaders summit in Brussels. Her comments follow Trump's latest attempt earlier this week to take over Greenland, outlined during a speech at the World Economic Forum in Davos. "Europe is not willing to junk 80 years of good transatlantic relations," Kallas says. (edith.hancock@wsj.com)

 

(END) Dow Jones Newswires

January 22, 2026 13:28 ET (18:28 GMT)

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