Up to 25%.. Trump announces new customs duties on European countries
The US President announced Saturday imposed new tariffs that could reach 25 percent, on imported products from a group of until an agreement is reached for the full purchase of
This came days after Denmark and other European members of NATO deployed forces on the mineral-rich Arctic island.
Trump’s tariffs on Europe
Trump’s new measure threatens to cause unprecedented tension within the alliance.
Trump indicated in a post on his Truth Social platform that, starting on February 1, Denmark, Norway, Sweden, France, Germany, the United Kingdom, and the Netherlands will be subject to And Finland, to impose a 10 percent customs duty on all products it exports to the United States.
He added: "By June 1, tariffs will rise to 25 percent. It will remain payable until an agreement is reached to purchase all of Greenland"
Trump pointed out that "These countries, which are playing this very dangerous game, have taken a level of risk that is unacceptable and unsustainable"
US customs duties
He added: "Therefore, in order to protect global peace and security, it is necessary to take strong measures to end this potentially dangerous situation, quickly and without any doubt."
It was not immediately clear what authority the US President might rely on to impose these tariffs.
Since his return to the White House, Trump has imposed tariffs on the exports of the majority of the United States’ trading partners, in response to what his administration considers unfair trade practices, and as a tool of pressure on governments.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
