The economic fight over Greenland
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 19 January 2026
⏱️ 8 minutes
🧾️ Download transcript
Summary
President Donald Trump has made it very clear that he wants to purchase Greenland. Now, he's threatening to increase tariffs on eight European countries unless they agree to let the U.S. purchase the Danish territory, and the European Union is considering retaliation with its own tariffs on U.S. products. Also on the show: Europe is emerging as a major new destination for low-cost items from China.
Transcript
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| 0:31.1 | The fight over Greenland is now an economic one. |
| 0:36.3 | From Marketplace. |
| 0:37.7 | I'm Sabri Beneshire in for David Bruncacho. |
| 0:40.1 | President Trump wants to buy Greenland, though he hasn't ruled out military force either. |
| 0:45.1 | And now he is threatening to increase tariffs on eight European countries |
| 0:50.0 | unless they agree to let the U.S. purchase the Danish territory. |
| 0:54.2 | The European Union is now considering retaliation with its own tariffs on U.S. products. |
| 0:59.4 | All of this is sure to come up at the World Economic Forum in Davos, which kicks off today. |
| 1:03.2 | Marketplace's Nova Saffo has more. |
| 1:05.4 | President Trump over the weekend said he would raise import taxes on goods from eight European countries, |
| 1:11.8 | including Denmark, |
| 1:15.3 | Germany, and the UK, which is not part of the European Union. |
| 1:21.0 | Trump and EU leader Ursula von der Leyen are both scheduled to attend the World Economic Forum in Switzerland this week. |
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