The European Union will defend its interests, citizens and businesses "against any form of coercion" and will use the tool at its disposal "if and when necessary", the European Council President said following a meeting of EU leaders on Thursday.
The summit in Brussels, largely devoted to transatlantic relations, capped off a week of intense diplomatic back-and-forth between the EU and US after Donald Trump threatened to impose tariffs in a forceful attempt to seize Greenland.
Trump's decision to renege on his threat is "positive", Antonio Costa said, and the EU will continue to "engage constructively" with the US on areas of shared interests, but it will "stand up" for itself if necessary.
Leaders also discussed Trump's Gaza Board of Peace and emitted doubts over its compatibility with the UN Charter and elements related to its scope and governance, according to the president of the European Council.
France, Italy and Sweden, who have been invited by Trump to join the Board, have indicated they will not participate due to legal and political concerns.
Relive the day as it happened, from Davos to Brussels, with our blog below.
