The bloc is also considering reviving a €93 billion retaliation package if the US president follows through on his tariff threat
The EU is preparing its most powerful trade weapons in response to US President Donald Trump’s escalating tariff threats over Greenland, opting to hold the measures in reserve while pursuing a last-ditch diplomatic solution.
Following an emergency meeting of ambassadors on Sunday, EU member states signaled strong unity with Denmark and Greenland but chose not to immediately trigger the bloc’s Anti-Coercion Instrument (ACI) – dubbed the “trade bazooka.”
However, the bloc is ready to revive a suspended €93 billion ($108…
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