Trump strikes again with tariffs: threatens to impose 200% tariffs on French wine, while Greenland and Gaza issues escalate simultaneously

January 20 News, U.S. President Donald Trump publicly threatened on Tuesday that if French President Emmanuel Macron refuses to join the so-called “Peace Committee” established for the Gaza issue, the United States will impose tariffs of up to 200% on French wine and champagne. This statement quickly drew international attention and was seen as a new signal of renewed tension in U.S.-European relations.

During an interview in Miami, Trump bluntly stated that Macron “will be out of office soon,” so whether he joins the committee “does not matter.” He also claimed that increasing tariffs would force France to change its stance and serve as a means of pressure. These remarks were interpreted by the outside world as directly linking trade policy with geopolitical issues.

Apart from the Gaza issue, Trump reiterated his plan to control Greenland, stating that the region is “crucial to U.S. security.” He said European countries “cannot protect Greenland,” and believed that resistance from European leaders “won’t be too strong.” This statement continued the recent controversy surrounding Greenland sovereignty and tariff threats.

On the market front, analysts pointed out that if U.S.-European trade frictions continue to escalate, it could put pressure on global risk asset sentiment and increase demand for safe-haven assets. Amid rising macroeconomic uncertainty, volatility in gold, cryptocurrencies, and related policy-sensitive assets may increase.

As Trump frequently signals tariffs and geopolitical moves, U.S.-European relations, energy security, and the global trade landscape are facing new tests, and ongoing attention to these developments remains important.