EU Freezes US Trade Deal Vote Amid Trump's Greenland Threats

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CNBC TV18•21-01-2026, 21:25
EU Freezes US Trade Deal Vote Amid Trump's Greenland Threats
- •The European Parliament has indefinitely postponed the approval of a major EU-US trade pact.
- •The decision follows President Donald Trump's threats to impose tariffs if Denmark refuses to sell Greenland.
- •Committee chair Bernd Lange stated Trump's rhetoric threatened the territorial integrity of an EU member state.
- •The freeze highlights deepening tensions and European concerns over US reliability in trade relations.
- •EU leaders are set to meet in Brussels to discuss potential counter-tariffs and anti-coercion measures.
Why It Matters: EU halts US trade deal ratification due to Trump's Greenland demands and tariff threats, escalating tensions.
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