economy

January 19, 2026

Here are the European exporters most exposed if Trump’s Greenland tariffs kick in

U.S. President Donald Trump's has threatened a rising wave of tariffs on several European allies, sounding the alarm for businesses across the region.

Here are the European exporters most exposed if Trump’s Greenland tariffs kick in

TL;DR

  • Trump has threatened 10% tariffs on the U.K., Denmark, Norway, Sweden, France, Germany, the Netherlands, and Finland by Feb. 1, increasing to 25% from June 1.
  • These tariffs are linked to Trump's push to make Greenland part of the United States.
  • European political leaders are considering retaliatory measures and broader punitive economic policies.
  • The automotive sector, luxury goods, pharmaceuticals, and oil and gas are identified as highly exposed sectors.
  • Major European car manufacturers like Volkswagen, BMW, and Mercedes-Benz have seen stock price drops.
  • Germany, France, and the U.K. have the largest trade surpluses with the U.S. among the threatened countries.
  • Pharmaceutical products represent the EU's largest export to the U.S., making the sector vulnerable.
  • Oil and gas stocks could be indirectly impacted by weaker global demand and increased supply chain costs.
  • Experts predict a broad impact on various European sectors, commodity prices, and equity markets.

Continue reading the original article

Made withNostr