European Union diplomats say the bloc is preparing retaliatory measures after President Donald Trump threatened new tariffs on several European allies in an escalating bid for U.S. control of Greenland.

Europe Will ‘Not Be Blackmailed’

EU ambassadors reached a broad agreement Sunday to intensify efforts to dissuade Trump from imposing tariffs, while also drafting countermeasures should the duties move forward, according to a Reuters report.

This comes in response to Trump’s threats of escalating tariffs starting Feb. 1, against Denmark, Sweden, France, Germany, the Netherlands, Finland, Britain and Norway for opposing his plans to bring the North Atlantic island under the control of the United States.

The bloc is considering a tariff on the €93 billion, or $107.7 billion worth of imports from the U.S., starting Feb. 6 after a six-month suspension.

Besides this, member states are also considering the never-before-used Anti-Coercion Instrument, which could curb access to public tenders, investments, banking ...