In this Special Report, the focus is on the escalating trade tensions between the United States and the European Union. European Council President Antonio Costa has called for an emergency meeting in response to US President Donald Trump’s threat to impose a 10% tariff on EU nations starting February 1st, 2026, unless they support a US takeover of Greenland. Costa stated that the European Union is ‘very firm in defending international law’ and is currently coordinating a joint response among member states. The bulletin also highlights the potential impact on India, as EU officials are set to attend Republic Day celebrations in New Delhi. Reporter Karishma suggests this friction could accelerate the India-EU trade deal, providing a ‘silver lining’ for Indian markets in sectors like pharmaceuticals and renewables. Meanwhile, US officials argue that Greenland is vital for polar security, while European leaders, such as Emmanuel Macron and Clare Somers, back Denmark’s sovereignty.
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