EU Tells Trump ‘a Deal Is a Deal’ as Greenland Threats Escalate

Jan. 20, 2026, 10:34 AM UTC

President Donald Trump’s economic threats on the European Union over acquiring Greenland amount to a “mistake” that violates a trade arrangement forged last year between the transatlantic allies, the bloc’s executive said.

“The European Union and the United States have agreed to a trade deal last July,” European Commission President Ursula von der Leyen said in a speech to the World Economic Forum in Davos, Switzerland, on Tuesday. “In politics as in business, a deal is a deal. And when friends shake hands, it must mean something.”

Trump announced a 10% tariff on goods from eight European countries beginning ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.