President Donald Trump, in a social media post, said he will impose 10% tariffs on Denmark, Norway, Sweden, France, Germany, the U.K. the Netherlands and Finland starting Feb. 1, rising to 25% on June 1. He said the tariff will remain "until such time as a Deal is reached for the Complete and Total purchase of Greenland. The United States has been trying to do this transaction for over 150 years. Many Presidents have tried, and for good reason, but Denmark has always refused. Now, because of The Golden Dome, and Modern Day Weapons Systems, both Offensive and Defensive, the need to ACQUIRE is especially important."
Today’s Top News
Only 10 days remain before the House of Representatives no longer will have a procedure in place to block votes on ending emergencies underlying reciprocal tariffs, fentanyl tariffs or the additional Brazil tariffs. Last year, the House tucked provisions into rules that blocked the votes, but the Rules Committee didn't do that on the bills that passed the House Jan. 21; the last rule before the House leaves for a weeklong recess will be for a spending package expected to come to the floor Jan. 22.
The language of the African Growth and Opportunity Act and the Haitian trade program was changed from the versions that passed the House of Representatives with more than 85% support to what the White House supported -- just a one-year renewal. Refunds still will be available for duties paid on eligible goods under AGOA or Haiti HELP from Oct. 1 until the bill becomes law. The tariff breaks will last through Dec. 31, 2026.
President Donald Trump withdrew his threat of tariffs over Greenland in a social media post. "Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland."
Upcoming Events
Full CalendarPeople in the News
Jonathan Hale, former general counsel to Sen. Maria Cantwell, D-Wash., has joined trade boutique firm LMD Trade Law as of counsel, LMD attorney T. James Min announced on LinkedIn. Hale worked for Cantwell for over 10 years, serving as general counsel and senior adviser on issues in trade, business, national security and foreign policy.
David Neubacher, a former Commerce Department director, has joined Picard Kentz as a senior trade analyst, he announced on LinkedIn. Neubacher served as a director at Commerce's International Trade Administration for the past six years.
Mary Thien Hoang has left her role as the Federal Maritime Commission's chief of staff after about two decades working for the agency, she announced last week on LinkedIn. She has held multiple senior roles with the FMC, including chief of staff for several commission chairs and deputy director of the Office of Consumer Affairs and Dispute Resolution Services.
The Warren News Family of Publications
Warren News is the leading regulatory intelligence news service for trade, telecom and privacy professionals. Learn more about our family of publications below.