‘Business as usual impossible’: EU freezes trade deal with US; comes after Trump’s Davos speech

The US-EU trade deal is “on hold until further notice”, as announced by the chair of the European parliament’s trade committee Bernd Lange.“Now official: EU-US deal is on hold until further notice! Our negotiating team just decided to suspend work of European Parliament on the legal implementation of Turnberry deal. Our sovereignty and territorial integrity are at stake. Business as usual impossible,” he said citing Tariffs and Greenland.It was announced on Tuesday that EU was already planning to suspend the deal amid the Greenland standoff.