President Donald Trump announced that the NATO countries who have sent small contingents of troops to Greenland will be charged a 10% tariff on all goods.
In a post on social media, Trump said a 10% tariff will take effect on Feb. 1, and will climb to 25% on June 1 if a deal is not in place for the United States to purchase Greenland.
Trump recently hinted that he may pursue a tariff strategy on Greenland similar to the one he used to force foreign countries to change their drug prices.
