Trump links Greenland threat to Nobel Peace Prize snub, EU prepares to retaliate
Summary
US President Donald Trump linked his Greenland ambitions to a Nobel Peace Prize snub and threatened tariffs on EU nations, escalating tensions that could impact NATO alliances and global trade.
Key Points
- Donald Trump linked his bid for Greenland to not receiving the Nobel Peace Prize awarded instead to Maria Corina Machado in 2025.
- Trump threatened tariffs on multiple European countries if a deal to buy Greenland is not reached.
- The European Union is preparing retaliatory measures, including possible tariffs and use of the Anti-Coercion Instrument.
- The dispute has caused concern over the stability of NATO and has rattled financial markets fearing a return to trade war volatility.
