EU Parliament freezes US trade deal after Trump's tariff threats over Greenland
2 months ago
- #Tariffs
- #Greenland
- #EU-US Trade
- EU lawmakers delay ratification of a key trade deal with the US following Trump's tariff threats over Greenland.
- The European Parliament was set to vote on removing tariffs on US industrial goods but has suspended approval to send a message of discontent.
- Trump has threatened tariffs on six EU countries, including France and Germany, for not supporting his demand regarding Greenland.
- EU leaders are considering responses, such as suspending last year's trade deal and imposing €93 billion in retaliatory tariffs.
- French President Macron is advocating for the use of the EU's anti-coercion trade instrument if Trump follows through on his threats.