EU Freezes U.S. Trade Deal After Trump's Greenland Threat, Europe Fights Back Against Tariffs

Описание: In a stunning development that could reshape global trade, the European Parliament has officially frozen work on the highly anticipated EU-US trade deal following Donald Trump's controversial remarks at Davos. The former and now current president doubled down on his demands to acquire Greenland while threatening massive new tariffs, prompting European lawmakers to declare the Turnberry agreement "broken."

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The trade deal was already facing criticism in Europe for being unfair, as it would have eliminated EU import duties on American goods while allowing Washington to maintain a 15% tariff wall. Now, with Trump's renewed aggressive tactics, the European Parliament's trade committee has postponed crucial votes that were scheduled for January 26-27.

This bold move by Europe represents a direct challenge to Trump's pressure tactics, but it comes with significant risk. The former president has already made clear that the United States will offer no concessions on critical sectors like steel or spirits until European nations comply with his demands. Trade experts warn that shelving this deal could provoke even harsher American tariffs, potentially triggering a full-scale trade war between the world's largest economic blocs.

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