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🚨🚨BREAKING: EU Parliament moves to freeze EU US trade deal due to Greenland. Senior figures in the European Parliament are now treating Trump’s Greenland threats as a direct political break with consequences for trade. Bernd Lange, chair of Parliament’s trade committee, says “the whole situation has changed,” as MEPs circulate a letter urging Parliament to freeze the agreement for as long as the US administration keeps making claims on Greenland and issuing threats, ahead of a February vote. The EU is the world’s largest internal market, and the transatlantic relationship runs at enormous scale: roughly €1.6 to €1.68 trillion in annual goods and services trade, with a wider business ecosystem measured in the multi trillions. When access and predictability get questioned at that level, the costs show up fast as delayed deals, repriced risk, and investment decisions pushed into limbo. The deal was pitched as a reset, with tariff changes and big headline commitments on energy and investment. If it freezes or collapses, the direction flips from de escalation to friction, and the market impact is not a one day headline. It is the kind of policy uncertainty that lingers, spreads across sectors, and starts compounding.