Rima Grace

Emily Blanchard studies international economic policy at Dartmouth.

Emily Blanchard studies international economic policy at Dartmouth.

She says, like siblings, we trade just about everything.

She says, like siblings, we trade just about everything.

Fun stuff like French wine and Kentucky bourbon, but more so big, heavy stuff.

Fun stuff like French wine and Kentucky bourbon, but more so big, heavy stuff.

Industrial machinery, airplane parts, cars, services like banking.

Industrial machinery, airplane parts, cars, services like banking.

Even after the Trump administration imposed widespread tariffs last year, it reached a preliminary trade deal with the EU.

Even after the Trump administration imposed widespread tariffs last year, it reached a preliminary trade deal with the EU.

So we've been in a sort of...

So we've been in a sort of...

cool detente since summer.

cool detente since summer.

But now, with these new threatened tariffs over Greenland, Blanchard says that trade truce is almost certainly on pause, if not out the window.

But now, with these new threatened tariffs over Greenland, Blanchard says that trade truce is almost certainly on pause, if not out the window.

And Europe could retaliate.

And Europe could retaliate.

Uri Maitien is an analyst with the European Policy Center in Brussels.

Uri Maitien is an analyst with the European Policy Center in Brussels.