JOURNAL ARTICLE

The EU could fire a never-before-used 'trade bazooka' to retaliate against Trump tariffs aimed at NATO allies sending troops to Greenland.

  • Published In: Fortune.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ma, Jason 3 of 3

Abstract

The article focuses on French President Emmanuel Macron's initiative to activate the European Union's "anti-coercion instrument" in response to new U.S. tariffs targeting NATO countries. President Donald Trump announced a 10% tariff on several European nations, escalating to 25% unless a deal for the purchase of Greenland is reached. The anti-coercion instrument, designed to protect the EU from economic coercion, has never been used since its adoption in 2023 and could lead to significant retaliatory measures against U.S. exports. European officials are set to meet to discuss their response, amid concerns that these tariffs could jeopardize a previously negotiated trade deal. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Diplomacy and International Relations
  • Publication Date:2026
  • Accession Number:190956272
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