EU Parliament Weighs Freezing EU–US Trade Deal Over Greenland Dispute

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Senior members of the European Parliament are pushing to freeze the EU–US trade agreement in response to President Donald Trump’s renewed claims and threats regarding Greenland.

Bernd Lange, chair of the Parliament’s trade committee, said the situation represents a fundamental political shift, prompting MEPs to circulate a letter calling for the deal to be suspended as long as the US maintains its stance. A vote is expected in February.

The potential freeze puts at risk one of the world’s largest trade relationships, encompassing around €1.6–1.68 trillion in annual goods and services trade and a broader business ecosystem worth several trillion more. Lawmakers warn that uncertainty at this scale quickly translates into delayed transactions, higher risk pricing, and stalled investment.

Originally framed as a reset featuring tariff adjustments and major commitments on energy and investment, the agreement now faces possible derailment. If frozen or abandoned, the relationship could shift from de-escalation toward sustained trade friction, creating prolonged policy uncertainty that would ripple across multiple sectors and compound over time.