Ready to impose retaliatory tariffs on the U.S. if dialogue fails: EU's Dombrovskis

• The EU stands in full solidarity with Denmark and Greenland, viewing US 'takeover threats' and tariff plans as unacceptable.
• The EU is ready to engage in constructive dialogue with the US to find a solution but has retaliatory tariffs technically prepared for quick deployment if needed.
• Dombrovskis highlighted the immense economic value of EU-US trade and investment, warning of significant losses for both economies if trade tensions escalate.

The European Commissioner for Economy and Productivity, Valdis Dombrovskis, expressed the EU's solidarity with Denmark and Greenland against US 'takeover threats' and tariff plans. He stated the EU is prepared to impose retaliatory tariffs quickly if constructive dialogue with the US fails, emphasizing the significant economic stakes for both sides.