• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
EuropeNATO
Europe

Trump launches trade war against NATO after European countries sent troops to Greenland amid his takeover plan

Jason Ma
By
Jason Ma
Jason Ma
Weekend Editor
Down Arrow Button Icon
Jason Ma
By
Jason Ma
Jason Ma
Weekend Editor
Down Arrow Button Icon
January 17, 2026, 2:28 PM ET
Updated January 17, 2026, 2:28 PM ET
 The Danish warship Knud Rasmussen is moored in the harbor of Nuuk, Greenland, on Jan. 17, 2026.
The Danish warship Knud Rasmussen is moored in the harbor of Nuuk, Greenland, on Jan. 17, 2026. ulia Wäschenbach/picture alliance via Getty Images

President Donald Trump escalated his campaign to gain control over Greenland after several European countries deployed troops to the semi-autonomous Danish territory.

Recommended Video

In a social media post on Saturday, he said Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland will be hit with a 10% tariff starting on Feb. 1 that will rise to 25% on June 1, until a “Deal is reached for the Complete and Total purchase of Greenland.”

The announcement came after those NATO allies sent troops to Greenland this past week, ostensibly for training purposes, at the request of Denmark.

European officials have said it was meant to show they’re serious about security in the Arctic as Trump claims China and Russia are threatening Greenland, and not to defend against a possible U.S. invasion. But Trump alluded to the troop deployment in his post Saturday.

“On top of everything else, Denmark, Norway, Sweden, France, Germany, The United Kingdom, The Netherlands, and Finland have journeyed to Greenland, for purposes unknown,” he wrote. “This is a very dangerous situation for the Safety, Security, and Survival of our Planet. These Countries, who are
playing this very dangerous game, have put a level of risk in play that is not tenable or sustainable.”

Trump has consistently refused to rule out using the U.S. military in his Greenland plans, while the administration has also left open the possibility of buying the island.

That’s despite estimates that extracting oil and rare earth minerals from Greenland would cost $1 trillion and take decades to yield any returns.

French President Emmanuel Macron defended his country’s troop deployment to Greenland, citing France’s commitment to the independence of nations as well as Arctic security.

“No intimidation or threat will influence us—neither in Ukraine, nor in Greenland, nor anywhere else in the world when we are confronted with such situations,” he posted on X. “Tariff threats are unacceptable and have no place in this context. Europeans will respond in a united and coordinated manner should they be confirmed. We will ensure that European sovereignty is upheld.”

Trump’s latest post suggests he’s leaning toward leveraging trade relations for a purchase rather than conquering Greenland outright with troops and Navy ships.

Denmark has warned that any U.S. attack on Greenland or another NATO ally would effectively end the trans-Atlantic alliance after nearly 80 years.

“I and most Americans disagree with the President’s heavy handedness,” Rep. Don Bacon, R-Neb., said in response to Trump’s new tariff. “He is threatening NATO members, which is shameful. The fact that Greenland is part of NATO’s umbrella gives the President all he needs to put more bases there. This also reinforces why Supreme Court needs to rule his tariff actions Unconstitutional. I have legislation that restores Congress’ primacy over tariffs.”

Another Republican, Sen. Thom Tillis, also criticized the tariffs, saying they will hurt America and its allies. “It’s great for Putin, Xi and other adversaries who want to see NATO divided. The fact that a small handful of ‘advisors’ are actively pushing for coercive action to seize territory of an ally is beyond stupid,” he posted on X.

A White House meeting with officials from Denmark and Greenland failed to result in any diplomatic breakthrough with the administration refusing to budge on its stance.

While Greenland has offered the U.S. military and commercial access, Trump has insisted that only a total takeover can secure the island and ensure national security.

“The United States has been trying to do this transaction for over 150 years. Many Presidents have tried, and for good reason, but Denmark has always refused,” he said on Saturday. “Now, because of The Golden Dome, and Modern Day Weapons Systems, both Offensive and Defensive, the need to ACQUIRE is especially important.”

Trump’s tariff threat also renews trade tensions with the European Union after reaching a deal in July that set a 15% tariff on most EU products and obligated it to invest hundreds of billions of dollars in the U.S.

Meanwhile, the Supreme Court to due to rule on Trump’s ability to impose tariffs under the International Emergency Economic Powers Act, which is the linchpin of his global tariffs.

A decision that strikes down the so-called reciprocal duties could limit Trump’s leverage in an expanded trade war and threaten the deals he has already made.

While Trump didn’t cite which law his NATO tariffs would fall under, his emphasis Saturday on national security priorities suggests that the latest levies will not rely on IEEPA.

“Hundreds of Billions of Dollars are currently being spent on Security Programs having to do with ‘The Dome,’ including for the possible protection of Canada, and this very brilliant, but highly complex system can only work at its maximum potential and efficiency, because of angles, metes, and bounds, if this Land is included in it,” he added.

On May 28, senior tech leaders from Fortune 500 Europe companies such as Orange and Mars will gather for a candid exchange on applied AI. Apply to attend and receive Fortune’s editorial takeaways.
About the Author
Jason Ma
By Jason MaWeekend Editor

Jason Ma is the weekend editor at Fortune, where he covers markets, the economy, finance, and housing.

See full bioRight Arrow Button Icon

Latest in Europe

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Europe

Netflix on Euros
LawNetflix
Italian court rules every Netflix price hike from 2017 to 2024 unlawful and orders the company to refund subscribers up to 500 euros
By Catherina GioinoApril 20, 2026
2 days ago
French prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
LawElon Musk
French prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
By The Associated Press and Samuel PetrequinApril 20, 2026
2 days ago
The jet-fuel surge is making global flight connections disappear
EnergyAirline industry
The jet-fuel surge is making global flight connections disappear
By Danny Lee, Kate Duffy, Sri Taylor and BloombergApril 18, 2026
3 days ago
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
BankingPope Francis
The $6 billion Vatican Bank was beset by scandals, disastrous investments—and ties to the Mafia. How Pope Francis tried to fix it
By Marco Quiroz-GutierrezApril 18, 2026
4 days ago
trump
CommentaryWhite House
Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine
By Robert HormatsApril 18, 2026
4 days ago
trump
EuropeIran
Trump still furious about NATO: ‘useless when needed, a Paper Tiger!’
By Sylvie Corbet, Jill Lawless and The Associated PressApril 17, 2026
5 days ago

Most Popular

$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
By Sasha RogelbergApril 20, 2026
2 days ago
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back
Success
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give back
By Orianna Rosa RoyleApril 21, 2026
1 day ago
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
Politics
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
By Catherina GioinoApril 21, 2026
15 hours ago
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeApril 21, 2026
16 hours ago
Tim Cook's exit is part of a CEO reckoning sweeping Corporate America
Newsletters
Tim Cook's exit is part of a CEO reckoning sweeping Corporate America
By Diane BradyApril 21, 2026
1 day ago
This talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
Economy
This talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
By Jake AngeloApril 20, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.