EU member states on Monday are exploring countermeasures in response to US President Donald Trump’s tariff threats over Greenland, which he has expressed curiosity in buying regardless of opposition from Denmark and the EU. “This is not only about trade; it is putting enormous, unexpected stress on the transatlantic relationship,” mentioned Carsten Brzeski, Global Head of Macro for ING Research, including that it’s seemingly probably the most difficult scenario for transatlantic relations for the reason that finish of World War II. “There are no winners in trade wars”, he mentioned.
https://www.france24.com/en/most-challenging-situation-for-transatlantic-relations-as-trump-threatens-eu-with-tariffs