Trump: we will find a solution together with South Korea, when asked about his announcement of raising tariffs against Korea
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FITCH WARNS: GREENLAND TARIFF THREATS RAISE TRANSATLANTIC RISKS Fitch says U.S. threats to impose tariffs on European countries over Greenland signal a sharp rise in transatlantic tensions, raising risks to trade, growth, and European security. President Trump has threatened 10% tariffs starting February 1, rising to 25% in June unless Greenland is sold to the U.S. While implementation remains uncertain and could face legal and political hurdles, Fitch estimates a 10% tariff could cut European GDP by about 0.5% by 2027, with Germany among the hardest hit. The EU is likely to respond cautiously, though stronger retaliation is possible. Fitch warns the broader impact could weaken NATO credibility, increase geopolitical risks, and accelerate European defense spending, especially in northern and eastern Europe.
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