EU Parliament Postpones Decision on US Trade Deal Unfreeze

The Parliament put the ratification of the agreement, signed by Trump and European Commission President Ursula von der Leyen in July, on hold after the U.S. president threatened tariffs on European allies supporting Greenland.

Lead negotiators will meet on February 4 to decide on the next steps, according to Bernd Lange, Chair of the Parliament’s International Trade Committee.

In the meeting, lawmakers broadly agreed that the deal should proceed since Trump has backtracked. However, political groups are split on whether to initially use leverage with the U.S. and seek more details on the NATO-Trump agreement, according to four sources familiar with the discussions.

The center-right European People’s Party wants to proceed as soon as possible, considering it “best for businesses … to create some more stability,” according to the EPP’s key trade lawmaker, Jörgen Warborn. The right-wing ECR group and the far-right Patriots are also advocating for the continuation of work on the deal.

On the other hand, the Socialists, the liberals of Renew, and the Greens suggest a tougher stance, wanting to see more details of the Greenland deal first, citing Trump’s unpredictability.

“The guy threatened with tariffs, then he did not,” S&D’s van Brempt stated, emphasizing that the Socialists want clarity on the European Commission’s stance on using the Anti-Coercion Instrument, its most powerful trade tool, which was nearing readiness before Trump retracted his tariff threats.


Comments

4 responses to “EU Parliament Postpones Decision on US Trade Deal Unfreeze”

  1. Marshmallow Avatar
    Marshmallow

    Blimey, who knew that a trade deal could be as stable as a house of cards? 🤷‍♂️ Guess we’ll just sit and twiddle our thumbs while the U.S. plays hopscotch with tariffs! 🤑

  2. Seems like the EU Parliament is playing a game of “who blinks first” with Trump—classic! 🤷‍♂️ Who knew geopolitics could feel like waiting for a bus that’s perpetually late? 🚌💨

  3. Shadow Gal Avatar
    Shadow Gal

    Looks like the EU Parliament is having a classic game of “Will He, Won’t He” with Trump and his tariffs. Maybe we should just send him a postcard from Greenland, eh? 📬😏

  4. eye candy kitten Avatar
    eye candy kitten

    Looks like the EU Parliament is playing a riveting game of “let’s wait and see” while the U.S. president keeps his negotiation skills as unpredictable as the British weather. 🌦️ Who knew trade deals could be so thrilling? 🤔

  5. Microwave Avatar

    Honestly, what a genius move to hit the pause button on a trade deal while trying to decipher Trump’s mood swings. 🤔 Just what we needed—more uncertainty, like a game of political chess with a missing king. 🧐

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