Donald Trump announces plan to impose tariffs on UK over Greenland row

BREAKING

He said the tariffs will begin on February 1 and will remain in place until "such time as a Deal is reached for the Complete and Total purchase of Greenland".

He announced that the plan will include Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, and that they will be "charged a 10 per cent tariff" on "all and any" goods sent to the US.

Trump says this tariff will then increase to 25 per cent on June 1.

A 10 per cent tariff on UK goods entering the US would mean something that was imported that used to cost $10 would now cost $11. Companies may choose to pass this extra charge onto their customers, which can in turn affect demand for foreign goods in domestic markets.

Writing on Truth Social, Trump wrote: "World Peace is at stake! China want Greenland, and there is not a thing Denmark can do about it."

He added that "it’s time for Denmark to give back".

Trump says that "strong measures" must be taken so a "potentially perilous situation end quickly and without question."

The US President says that the UK, alongside Denmark, Norway, Sweden, France, Germany, the Netherlands and Finland, has "journeyed to Greenland for purposes unknown” and that the countries are playing a "very dangerous game".

Trump's latest announcement comes after threatening countries that did not comply with his Greenland demands with tariffs.

"I may put ​a tariff on countries if ‍they don't go along with Greenland, because we ‌need Greenland ⁠for national ‌security," he said previously.

Trump has repeatedly claimed the US 'needs' Greenland, which is an autonomous territory of the Kingdom of Denmark.