EU vows 'unflinching' response to Trump's Greenland gambit

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00:00At the World Economic Forum in Switzerland, there's one issue dominating many others.

00:06Donald Trump's renewed threats over Greenland and how Europe and its allies will react.

00:11The US president has said Washington will impose a 10% import tax on goods from eight countries

00:17who've opposed Trump's bid to acquire the Arctic Island, which is an autonomous part of Denmark.

00:23Canadian Prime Minister Mark Carney, whose country Trump has previously threatened to annex, stood firm.

00:30Canada strongly opposes tariffs over Greenland and calls for focused talks

00:34to achieve our shared objectives of security and prosperity in the Arctic.

00:41Overall, European leaders sought to present a united front against Trump,

00:45including French President Emmanuel Macron, who used his address to slam the rise of imperialist ambitions

00:51and the, quote, fundamentally unacceptable tariffs.

00:55EU Commission Chief Ursula von der Leyen called the additional levies a mistake.

01:00The European Union and the United States have agreed to a trade deal last July.

01:07And in politics, as in business, a deal is a deal.

01:13Meanwhile, in Denmark, the Prime Minister said Europe would have no choice but to respond to any import taxes.

01:19It's not because anyone in Europe wants this, but I believe it would be the right thing to do.

01:25However, until February 1st, we will naturally work to prevent this from happening.

01:30Donald Trump is set to address the forum on Wednesday.

01:33His Treasury Secretary, Scott Besant, told attendees to, quote,

01:37sit back, take a deep breath and do not retaliate,

01:41voicing confidence that the US and Europe could find a solution

01:44and avoid what some have warned could become a prolonged trade war.

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