US EditionUS-EU trade deal in jeopardy over Trump’s new tariffs
The EU halted a trade deal ratification after Trump linked tariffs on eight European nations to his push to buy Greenland, risking $93 billion in retaliatory tariffs, officials said.
- The European Union has paused the ratification of the EU-US trade deal due to recent threats from Donald Trump about tariffs on Europe concerning Greenland.
- Trump warned that tariffs of 10% would begin on February 1, 2026, escalating to 25% on June 1, 2026, if a deal for Greenland was not reached.
- Siegfried Muresan stated that Trump's announcement undermines the expected stability from last year's trade deal.
- Concerns have emerged about the potential negative impact on NATO as European leaders reacted to Trump's demands for Greenland.
121 Articles
121 Articles
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This is the strongest weapon in a possible trade war with the US
Calls are growing for the European Union (EU) to use its powerful "anti-coercion tool" in response to US President Donald Trump's threats to impose tariffs over the Greenland dispute.
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