EU Lawmakers Suspend U.S. Trade Deal Approval Over Greenland Tariff Threats
By
belter
Warm and crisp on the edges. A bagel with a bit of bite.
Summary
European lawmakers have suspended the approval process for a U.S.-EU trade agreement in response to President Trump's tariff threats related to Greenland. The suspension comes after Trump proposed 10-25% tariffs, which EU lawmakers see as a threat that prevents compromise. While Trump ruled out military force in his speech, EU lawmakers view this as only a "small positive element" and insist the trade deal cannot proceed until the tariff threats are resolved. The article references a previous trade pact agreed at Trump's Turnberry golf resort that was broken by the President.
Key quotes
· 4 pulledTrump ruled out the use of military force in his speech, a commitment Lange described as a 'small positive element.'
Lange said the proposed 10% to 25% tariffs remain on the table, adding that, until the threat of them is over, 'there will be no possibility of compromise.'
'We will hold on the procedure ... until there is clarity regarding Greenland and the threats,' he said.
'There was a breaking of the Scotland deal by President Trump,' Lange said, referring to the trade pact agreed by the EU and the U.S. at Trump's Turnberry golf resort last year.
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