EU Freezes US Trade Deal Approval Over Greenland Threats (1)

Jan. 21, 2026, 3:02 PM UTC

A trade deal between the US and European Union is on hold after the European Parliament decided to freeze a ratification vote in response to President Donald Trump’s escalating threats to seize Greenland.

The Parliament’s trade committee postponed the vote indefinitely on Wednesday, casting doubt on whether the pact will ever get across the finish line.

The deal has been swept into the deepening crisis between the EU and US over Greenland, which has brought the transatlantic alliance to the brink of rupture. Trump is currently vowing to slap tariffs on several European countries until he is allowed to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.