this post was submitted on 17 Jan 2026
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Emmanuel Macron has hit back at Donald Trump’s latest threats to impose tariffs on any country opposing his Greenland takeover, warning that “no amount of intimidation” will persuade European nations to change their course on Greenland.

He was echoed by the Swedish prime minister, Ulf Kristersson, who warned the EU would not be “blackmailed” by the US president, who on Saturday announced 10% tariffs on eight European countries from 1 February, with a further 25% tariff from 1 June.

In a joint statement, EU leaders said “tariffs would undermine transatlantic relations and risk a dangerous downward spiral”.

It is highly likely that the European parliament will halt ratification of last summer’s trade deal with the US after Manfred Weber, the head of the European People’s party, the largest voting bloc in the institute, said they would have to pause the legal rubber stamping process.

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[–] wheezy@lemmy.ml 24 points 23 hours ago* (last edited 23 hours ago) (2 children)

TACO is for things that could hurt the stock market or the the profits of capital. It literally comes from Wall Street traders.

TACO is not for Trump being reckless and cruel. He bombed Iran, he bombed fishing boats, he kidnapped a leader of a sovereign country, he has built concentration camps and is sending his SS troops door to door.

You best hope enough wealthy capitalist convince him not to invade Greenland. Because that's the only reason he won't. Don't expect fascist to not take easy "wins" of cruelty to show power when they can.

Fascist only back down when their capitalist owners tell them to OR when there is a chance they could be resisted and seen as weak.

[–] GreenShimada@lemmy.world 1 points 12 hours ago

It started on Wall Street, but they simply picked up on the trend because it's an industry of people looking at trends and patterns all day to place bets.

He chickens out on all sorts of policy things when he doesn't delegate it to ghouls that feed on the cruelty. He keeps acting like he's going to be tough on the EU, and then folds.

However, to your point, wealthy capitalists are the ones that convinced him to invade in the first place. https://www.theguardian.com/us-news/2026/jan/15/ronald-lauder-billionaire-donor-donald-trump-ukraine-greenland https://www.forbes.com/sites/martinadilicosa/2026/01/09/these-billionaires-bet-big-on-greenland-after-trump-took-interest/

And IIRC one of those Peter Thiel Network State charter city crypto fiefdoms as well was sniffing around Greenland.

[–] DaMummy@hilariouschaos.com 1 points 19 hours ago

Wealthy capitalists are the ones who are convincing him to invade though.