tariffs

European Union ambassadors will convene for an emergency meeting today after U.S. President Donald Trump threatened escalating tariffs on key European allies unless the United States is allowed to buy Greenland. Cyprus, which holds the EU’s rotating presidency, called the meeting for late afternoon. EU diplomats said it was set to start at 5 p.m. local time (4 p.m. Irish time). In a post on Truth Social, Trump said that starting Feb. 1, Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland…

COPENHAGEN — President Donald Trump said he may impose trade tariffs on countries that do not support his push to acquire Greenland, escalating a dispute as a bipartisan U.S. congressional delegation arrived in Denmark to signal backing for Copenhagen and the island’s self-rule. “I may put a tariff on countries if they don’t go along with Greenland, because we need Greenland for national security,” Trump told reporters at the White House. The comments landed as senators and representatives from both parties began a two-day…

Trump threatens 25% tariff on countries trading with Iran as rights group reports 648 killed in protests U.S. President Donald Trump said he will impose a 25% tariff on “any country” that does business with Iran, escalating economic pressure on Tehran as an Iran-focused rights group reported at least 648 people killed in a sweeping crackdown on nationwide protests. “Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all business being done with the United…

Trump unveils $12 billion farm aid as he threatens new Mexico tariffs, presses China on soybeans WASHINGTON — President Donald Trump on Monday announced a $12 billion aid package for U.S. farmers hammered by low prices and trade disputes, pairing fresh relief with a new tariff threat against Mexico and fresh pressure on China to accelerate soybean purchases. The White House said $11 billion will flow as one-time direct payments to row-crop producers through the Agriculture Department’s Farmer Bridge Assistance Program.…