00:00We can bring in our International Affairs Editor, Rochelle Ferguson-Bouyahi.
00:03Rochelle, good to see you.
00:05The EU has tools at its disposal.
00:09Do we know what they are?
00:11Well, sure we do.
00:12We know that the EU currently has several tools at its disposal.
00:17They've been weighing up, as you mentioned there, over the weekend,
00:20possible retaliatory tariffs on American goods.
00:2593 billion euros would be the tune of which we're talking about.
00:29You may remember back in summer, those tariffs were threatened by Europe.
00:34They then came to a deal with Donald Trump and it was decided there would be a climb down from that.
00:39European leaders this weekend are evoking that again, saying, look, this might be a possibility for us.
00:43We could reactivate this measure, which would touch duties on US cars, industrial goods, food and drink.
00:51So that's one possibility there.
00:53And we can talk a bit about that in a second.
00:55Another possibility is something that's never been done before, Delano.
00:59It's known commonly as the big bazooka or its formal term is an anti-coercion instrument.
01:07Now, that instrument was ultimately conceived, if you will, in response to China some time ago.
01:13It would allow kind of wide ranging punitive measures.
01:16And it's used when a country is trying to force another to do what it wants, either using economic coercion or, as we're seeing in the case with Donald Trump,
01:24this 10 percent levy, which could go up to 25 percent later in the year if Europeans don't get on board as far as Donald Trump is concerned.
01:33Again, this anti-coercion instrument, never been used before, remains to be seen how much time it could take to get that actually into play and to make that work against Donald Trump.
01:44We're hearing this kind of growing chorus of leaders.
01:47You spoke about Keir Starmer there.
01:49Georgia Maloney has said, you know, these Trumps, these tariff Trumps, dump trap tariffs would be a mistake.
01:55You have the Dutch foreign minister saying that this is essentially tantamount to blackmail what we're seeing here.
02:01The fact of this is that, you know, the echoes that we're getting coming out of the EU is that there's no consensus on what kind of, you know,
02:10punitive measure or retaliatory measure might be used against Donald Trump, a sense that there's still this fear from European leaders.
02:18And we heard from the Starmer they're not particularly convincing, some might say, in how to go forward on this.
02:23So if no EU leaders agree on how to move forward, it leaves us in a bit of a conundrum in face of these tariffs.
02:30Several sources suggesting that even the idea of 93 billion euros is getting some European leaders saying they just want to talk with the US to avoid these tariffs there.
02:42So tricky, tricky position for Europe, still looking quite weak, it has to be said in all of this.
02:48And it's strange how you can put tariffs on individual countries where normally the EU has a tariff rate as a block.
02:54So the fine details we still have to figure out.
02:57But what is Donald Trump's justification for going ahead and doing this?
03:00Well, look, the official response here is all about national security.
03:04Trump had previously said that, you know, this is acquiring Greenland would be critical for US security.
03:10Just in terms of location, a reminder to our viewers, you know, how key the location is, obviously, between North America, the Arctic.
03:17That's well placed for kind of early warning signals if there are kind of missile attacks or indeed to monitor vessels in the region.
03:26Trump has claimed on several occasions that if the US doesn't acquire this, you know, Greenland, that ultimately Russia or China might end up acquiring it.
03:37Now, you know, any security official that you listen to will say there is absolutely no immediate threat of China or Russia, you know, acquiring this.
03:46But Trump nonetheless saying, you know, if we don't take it, they will.
03:50If you look at another response as to why the US is so interested in this, we've been speaking a great deal about valuable natural resources in Greenland.
03:59A reminder, again, that we're looking at rare earth minerals.
04:02There's uranium, there's iron.
04:03And of course, there's oil and gas reserves, enormous oil and gas reserves.
04:07So while Donald Trump has said that, you know, we're not interested in that, it's all about security, we have seen an interest in these kind of minerals with Ukraine.
04:16So, you know, it could lead us to believe that ultimately this is one of the reasons why they're so keen to getting their hands on Greenland.
04:25Just important to say a recent poll shows that Americans oppose US control of Greenland.
04:31There's just 17% of Americans who support the actual taking over Greenland.
04:36So not only are EU officials, you know, particularly worried about this, but so are the populations both of Greenland and in the United States.
04:44So this is really far from a unanimous bid to get Greenland.
04:49Yeah, this is something he was focused on last year and then it dropped off the radar and now it's back again.
04:54And not the first US leader to be interested in Greenland either.
04:56Really? Okay. Rochelle, thank you very much for that. Rochelle, Ferguson, Bui Yahi.
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