EU Halts US Trade Deal Over Trump's Greenland Tariff Threat

• European Union lawmakers are set to block the EU-US trade deal due to President Trump's tariff threats over Greenland.
• Manfred Weber, president of the European People’s Party, stated that approval for the trade deal is not possible at this stage.
• Trump announced a 10% tariff on goods from European countries supporting Greenland, escalating to 25% unless Greenland is purchased.
• EU leaders, including Ursula von der Leyen and Emmanuel Macron, condemned Trump's threats, calling them unacceptable and undermining transatlantic relations.
• EU lawmakers are considering using the bloc's anti-coercion instrument (ACI) as a retaliatory trade tool against US pressure.

Why It Matters: EU lawmakers are halting the US trade deal in response to Trump's tariff threats linked to Greenland.