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IMF chief delivers a direct warning to Europe: ‘It’s time to step up’

IMF chief delivers a direct warning to Europe: ‘It’s time to step up’

101 finance101 finance2026/01/20 10:45
By:101 finance

IMF Chief Urges Europe to Respond as US Tariff Threats Escalate

With renewed fears of a trade conflict between the United States and Europe, Kristalina Georgieva, the head of the International Monetary Fund, delivered a blunt message to European officials: “Get your act together.”

Over the weekend, President Donald Trump revealed plans to impose new tariffs on eight European nations, beginning with a 10% rate on February 1 and potentially increasing to 25% by June 1, unless an agreement is reached permitting the US to acquire Greenland, a self-governing Danish territory. The countries affected by these proposed tariffs include Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland.

European leaders have strongly pushed back against these threats, signaling growing tensions between the two sides.

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