EU Finance Ministers Discuss Trade Tool Use Against US Threats

European Finance Ministers are discussing using the bloc’s anti-coercion trade instrument and other economic countermeasures following US President Donald Trump’s announcement of new tariffs over the Greenland dispute.

“We do not want to escalate this, but if others keep on escalating then there will need to be a European answer,” Danish Economic Affairs Minister Stephanie Lose told reporters in Brussels on Tuesday ahead of a meeting with her counterparts. “We don’t rule out anything at the moment.”

While tariffs damage both the US and EU economies and should be avoided, Finance ministers will talk about the possible use of ...