Pranay Upadhyay On EU's Plan To Avert Donald Trump's 'Greenland Tariff'

On this Special Report, Senior Editor Pranay Upadhyay discusses the escalating tensions between the European Union and the United States over President Donald Trump's bid to take over Greenland. The European Union is reportedly scrambling to avert the 'Greenland tariff' and has called an emergency meeting for January 22nd. Pranay Upadhyay notes that 'The European Union is mulling suspension of the US trade deal and it may also reactivate 93 billion euro tariff package as well.' The transcript highlights how the Greenland issue has created significant fissures in the long-standing US-EU partnership and the NATO alliance. President Trump has already imposed a 10% tariff on EU nations, warning it could rise to 25% by June 1st if the takeover is not approved. While Greenland is currently administered by Denmark, Trump argues the US must control the territory for the security of the Western Hemisphere, mentioning options ranging from purchase to military means.