European lawmakers suspend U.S. trade deal amid Greenland tariff tensions

European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July.

In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go against the terms of the trade pact.

Referring to Trump’s address at the World Economic Forum in Davos on Wednesday, Lange said: “I guess he didn’t revise his position. He wants to have Greenland as part of the United States as quick as possible.”

Lange highlighted the proposed 10% to 25% tariff threat, adding: “We will hold on the procedure until there is clarity regarding the Greenland threats.”

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