The United States’ trade deal with the European Union is now on ice—with Greenland at the center of the freeze. The European Parliament has halted approval of the trade.
The United States’ trade deal with the European Union is now on ice—with Greenland at the center of the freeze. The European Parliament has halted approval of the trade deal struck in July after President Trump floated tariffs of 10% to 25% on European countries opposed to his push to acquire Greenland, per CNBC. Bernd Lange, who chairs the Parliament’s trade committee and oversees EU-US trade relations, said Trump’s tariff threat violates the terms of the pact, which limits tariffs on most EU imports at 15%, reports NBC News.
