EU Parliament Suspends US Trade Deal Amid Greenland Dispute and Tariff Threats
2 hours agoPolitics
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15 SourcesDavos, Switzerland
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EU Parliament Suspends US Trade Deal Amid Greenland Dispute and Tariff Threats

The European Parliament has suspended work on a key EU-US trade deal following US President Donald Trump's tariff threats linked to his push to acquire Greenland, a Danish territory. The agreement, reached in July, aimed to reduce tariffs on industrial goods but faced delays amid escalating tensions. French President Emmanuel Macron has advocated using the EU's Anti-Coercion Instrument, dubbed the 'trade bazooka,' as a potential countermeasure. EU leaders are set to discuss further responses at an emergency summit amid concerns over trade stability and transatlantic relations.

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