Bloomberg: EU Plans To "freeze" The Deal Of The Century With The U.S.

Because of Trump's "tariff war" over Greenland.

The European Parliament says that the trade agreement between the European Union and the United States has actually lost chances for realization, so the process of its ratification may be curtailed. This attitude came after US President Donald Trump's remarks about the possible introduction of duties against countries that oppose the purchase of Greenland.

This is reported by Bloomberg.

The president of the European People's Party (EPP), the largest political force in the European Parliament, Manfred Weber said on Saturday that approval of a trade agreement with the United States is not yet possible.

"The EPP supports the idea of an EU-US trade agreement, but given Donald Trump's Greenland-related threats, its approval is not possible at this stage. Agreements to reduce duties on U.S. goods should be put on pause," Weber said.

As Bloomberg notes, the trade agreement that European Commission President Ursula von der Leyen reached with Trump in the summer of 2025 has already been partially implemented, but requires final approval by the European Parliament.

What was envisioned?"

The agreement called for the United States to impose a 15% duty on most goods from the European Union. In return, Brussels was committing to eliminate duties on U.S. industrial products and certain categories of agricultural goods. Von der Leyen agreed to these terms, seeking to prevent a large-scale trade confrontation between the parties.

At the same time, an influential group of MEPs criticized the agreement from the very beginning, calling it unilateral and playing into Washington's hands. The discontent only intensified after the US imposed a 50% duty on steel, aluminum and hundreds of other goods from the EU despite the agreement reached in July.

The chairman of the European Parliament's international trade committee, Bernd Lange, said work on the implementation of the agreement should be suspended until the US drops its threats.

Lange also urged the EU to use the Anti-Coercion Instrument (ACI), the EU's most powerful mechanism to respond to economic pressure, which has never been used so far. This instrument allows to impose mirror duties, additional taxes for technology companies or restrict access to public procurement.

Members of the European Parliament's trade committee have already held preliminary consultations and plan to return to discuss the issue in the near future. Meanwhile, Danish MEP Per Clausen has initiated an appeal to the Parliament's leadership to suspend the agreement, collecting signatures of thirty colleagues under the letter.

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