Lorand Bartels

On 17 January 2026, the President of the United States publicly threatened to impose tariffs (up to 10 percent on February 1, rising to 25 per cent on June 1) on goods originating from eight European countries (Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland) in response to these countries’ opposition to US efforts to acquire Greenland.

Introduction On 21 August 2025, the United States and the European Union unveiled a new Framework on Reciprocal, Fair, and Balanced Trade. The agreement, forged amidst escalating global protectionism and prior threats of broader trade conflicts, was presented as a pragmatic outcome for both the EU and the US. Nevertheless, mere days after its formalization, President Donald Trump renewed his challenges on digital taxes, potentially challenging the basis of the agreement.

This post updates our blogpost that described the tariff landscape as of April 2, 2025. On April 9, 2025, President Trump issued an Executive Order (EO) 14266 modifying EO 14257 imposing “reciprocity” tariffs and further increasing country-specific tariffs against China.