MEPs suspend tariff agreement and consider deploying trade 'bazooka' against the US
After Trump’s renewed threats against the EU, the European Parliament decided to postpone indefinitely the ratification of the agreement that would remove tariffs on US exports to the single market.
Europe threatens retaliation after Trump's ultimatum over Greenland
Donald Trump raised the level of diplomatic tension by announcing tariffs of 10% (which could rise to 25% in June) against eight European countries that oppose the US purchase of Greenland. Among those targeted are countries such as France, Germany and Denmark. In response, French President Emmanuel Macron described the threats as “unacceptable” and urged the European Union to activate its powerful Anti-Coercion Instrument. This mechanism, never used before, would allow Brussels to respond with severe trade sanctions to protect European sovereignty.
