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

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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