U.S. President Donald Trump threatened to impose a new tariff on eight European countries until a deal is reached for the U.S. to purchase Greenland, according to his statement on Saturday.

Starting February 1, a 10 percent tariff will be imposed on all goods exported to the U.S. from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland, with the tariff increasing to 25 percent on June 1, 2026, according to Trump's statement on his social media platform, Truth Social.

The tariff will remain in effect until "a deal is reached for the complete and total purchase of Greenland," according to Trump's post.

Trump indicated during a White House event on Friday, January 16, that he might impose tariffs on countries that do not support the U.S. plan to acquire Greenland.

Greenland is an autonomous territory of Denmark. Trump has repeatedly threatened to acquire Greenland on grounds of national security and claimed that he would not rule out the possibility of using military force. Denmark and other European nations have expressed strong opposition to these claims. On Thursday, a 15-person contingent of French troops was deployed to Greenland, following similar deployments from Germany, Sweden, Norway, Finland, the Netherlands and the UK.