BRUSSELS (HRNW): The European Parliament has frozen a landmark trade agreement with the United States, marking a significant escalation in transatlantic tensions. The decision comes in direct response to persistent threats from US President Donald Trump, specifically his controversial statements regarding the acquisition of Greenland.
European leader Bernd Lange emphasized that normal trade relations are impossible when a partner’s sovereignty and territorial integrity are under threat. Under the original terms of the deal, US tariffs were to be capped at 15%, while Europe had expressed readiness to invest $600 billion in the US economy and purchase $750 billion worth of American energy.
The rift deepened after President Trump threatened to impose a 10% additional tax on eight European NATO members, warning that the levy could rise to 25% by June if his demands are not met. Meanwhile, Denmark has categorically stated that Greenland is not for sale. Experts warn that this dispute has placed the long-standing alliance between Europe and the United States in severe jeopardy, potentially destabilizing global markets.
