BREAKING: President Donald Trump said the United States will impose 10% tariffs on goods from Denmark, Germany, the United Kingdom, France and other European countries starting Feb. 1, with the rate rising to 25% on June 1, unless a deal is reached for the U.S. to purchase Greenland.

BREAKING: President Donald Trump said the United States will impose 10% tariffs on goods from Denmark, Germany, the United Kingdom, France and other European countries starting Feb. 1, with the rate rising to 25% on June 1, unless a deal is reached for the U.S. to purchase Greenland.

In a surprise announcement, President Donald Trump said the United States would impose new tariffs on a wide range of European goods, escalating trade tensions with longtime allies. Under the plan he outlined, imports from Denmark, Germany, the United Kingdom, France, and other European countries would face a 10 percent tariff starting February 1, rising to 25 percent on June 1. Trump said the higher rate would take effect unless an agreement is reached allowing the United States to purchase Greenland, an autonomous territory of Denmark.

The proposal immediately drew skepticism from European officials and trade analysts, who questioned both the legal basis and economic rationale for linking tariffs to territorial negotiations. Denmark has previously rejected any suggestion that Greenland is for sale, while European Union leaders have warned that broad tariffs could prompt swift retaliation, potentially affecting billions of dollars in transatlantic trade.

Markets reacted cautiously to the remarks, with investors weighing the likelihood of negotiations against the risk of another trade dispute. The White House did not release further details on how the tariffs would be implemented or how talks over Greenland would proceed, leaving uncertainty over whether the announcement signals a negotiating tactic or the start of a new confrontation with Europe.