Over the weekend the president Donald Trump said a 10% tariff would apply on all goods shipped to the US from Denmark, Norway, Sweden, the UK, France, Germany, the Netherlands and Finland from 1 February unless they allow him to seize Greenland.

Trump said that if a deal was not reached for the “complete and total purchase” of the Arctic island from Denmark, the rate would be increased to 25% on 1 June.

In response, EU President Ursula Von Der Leyen condemned his threat to EU Nations after US have agreed to trade deal last year

EU President Ursula Von Der Leyen: “Arctic security can only be achieved together.This is why the proposed additional tariffs are a mistake, especially between long-standing allies.

“The EU and US have agreed to a trade deal last July. A deal is a deal. And when friends shake hands, it must mean something.” She opined

EU Leaders have threatened to deploy the bloc’s anti-coercion instrument (ACI) – widely known as the “big bazooka” – which was devised to give the EU more powerful tools to respond to political bullying and trade blackmail from another country.