Shumita Basu

Referring to the committee's decision to award the prize to someone else, Trump said, quote, I no longer feel an obligation to think purely of peace and that he could now, quote, think about what is good and proper for the United States.

Prime Minister Stora spoke to reporters after having shared the text publicly.

He described Trump as being very preoccupied with the Peace Prize and that he'd repeatedly explained that it's decided by an independent committee, not his government.

The issue of Greenland has become a full-blown crisis for Europe and is causing a major rupture in the NATO alliance.

Trump has now threatened tariffs against several European countries, which could affect the price of everything from French wines and cheeses to German cars to pharmaceuticals.

Last Sunday, Treasury Secretary Scott Besant told NBC the U.S.

wanted this strategically important Greenland to deter adversaries.

The threat of tariffs has now raised the prospect of tit-for-tat escalation that could hurt consumers on both sides of the Atlantic.

Kim McRae is a Brussels-based reporter for The Wall Street Journal.

She told us European leaders are now considering a range of options to fight back.

They could refuse to sign last year's trade agreement to eliminate European tariffs on some American exports.

Or they could dust off old retaliatory tariff lists prepared during a fight with Trump last year.

That includes duties on things like American whiskey, peanut butter, and chewing gum, as well as industrial products.

McRale says a last resort that has also been floated is something that has come to be known as the bazooka.

So far, McRaehl says European leaders have sought to avoid escalation with Trump.

The U.S.

remains the continent's most important trading partner, and some fear Trump could use U.S.

support for Ukraine as leverage.

But the language has hardened.

French and German ministers have started using the word blackmail to describe Trump's tariff threat, and the U.K.