Max Colchester

The EU does have a tool called the anti-coercion instrument or the bazooka, as they call it, whereby they can impose pretty stringent export and import restrictions on a country that tries to economically blackmail them.

They could restrict certain products they export to the US.

They could make it harder for US tech firms to operate here by tightening regulation.

They could impose tariffs on certain US products.

They could also restrict access to the financial markets here for US firms, which again would be problematic for them.

So they have tools to inflict economic pain on US-based businesses.

it'd be very risky for Europe, because obviously the US could respond.

And we've seen with Trump, he tends to escalate when faced with aggression.

So, you know, it's something that has to be calibrated very carefully.

And I think it's something that would take a while to deploy.

And actually quite a lot of the EU members would probably lobby against extremely stringent measures, fearing blowback on their own economies.

So it's not a silver bullet.

But, you know, in the face of some

provocation, they're going to have to do something.

So if those tariffs that Trump is threatening on February 1st come into play, they can't just sit back and swallow them.

So there is increasing pressure on European leaders to reflect that public anger at this move on Greenland.

So they will come under pressure to actually bare teeth against the U.S.

Yeah, so I flew to Nuuk, which is the capital of Greenland, which is on the western coast.

And I think it's hard really to get a sense across really how big Greenland is and how empty it is.

I mean, when you fly over Greenland from Europe at least, it's massive.