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In a first, Macron urges EU to deploy its 'trade bazooka' against Trump's Greenland tariffs
short by Medhaa Gupta / on Monday, 19 January, 2026
French President Emmanuel Macron urged EU to deploy its never-before-used "trade bazooka" to counter US President Donald Trump imposing 10% tariffs on eight European countries backing Greenland, multiple reports said. He was referring to the bloc's Anti-Coercion Instrument. Meanwhile, the EU is also reportedly considering imposing €93 billion of previously announced retaliatory tariffs against US.
read more at Moneycontrol