European leaders seem to agree with the position recently expressed by Brazilian Lula da Silva, "This hemisphere belongs to all of us," marking a common global front against Washington's unilateralism. Analysts warn that the breakdown of consensus within NATO not only weakens the military alliance but also disrupts global supply chains at a time of economic fragility. While Trump insists that acquiring Greenland is a matter of "national security" to protect the northern flank from Russia and China, Europe is defending international law. Buenos Aires, January 18 (NA) -- The European Union (EU) is in an advanced planning stage to launch a massive commercial counter-offensive against the United States. According to a report by the Financial Times on Sunday, the bloc's capitals are considering imposing tariffs worth 93 billion euros (approximately $107.68 billion) or, alternatively, severely restricting the access of U.S. companies to the European single market. The measure is a direct response to the pressure from the Donald Trump administration, which has threatened to impose tariffs on products from those NATO allies that oppose its plan to acquire Greenland, an autonomous territory under Danish sovereignty. The core of the conflict: The Arctic and NATO. The dispute has ceased to be merely diplomatic and has become a confrontation of security and economy: Danish sovereignty: Denmark, backed by the Nordic axis (Norway and Sweden) and the rest of the EU, has called the purchase intention "absurd." Washington's pressure: Trump links NATO defense spending and the loyalty of its partners to facilitating his strategic objectives in the Arctic. Brussels's response: The EU seeks to demonstrate that the bloc will act in a unified manner to protect the territorial integrity of its members, using its commercial weight as a deterrent tool. If this package of sanctions is implemented, the world would face a transatlantic trade war of dimensions greater than those of 2018.
