By Admin 
US President Donald Trump is going to get a double blow, on one hand the European Union (EU) is going to announce a Free Trade Agreement (FTA) with India and on the other hand the trade deal between America and EU may be suspended. Quoting sources associated with the International Trade Committee, BBC has reported that on Wednesday (January 21, 2026), the European Parliament in Strasbourg, France, may announce suspension of the trade deal with America.
This trade agreement between European countries and America was signed in Scotland in July last year. At that time, America reduced the tariff on the goods of European countries from 30 percent to 15 percent and in return these countries made this agreement to invest in America and increase American exports. However, now Trump seems to be in a different mood regarding Greenland and he has announced to increase the tariff by 10 percent from next month to put pressure on Europe, so that these countries support him on the issue of Greenland.
European countries angry over Trump’s tariff threats
Donald Trump has announced tariffs on eight European countries. From February 1, America will impose 10 percent tariff on the goods of these countries, these are the same countries which have openly opposed Trump’s decision to take American control over Greenland. On January 18, Trump said in a post on Truth Social that there would be a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland and this tariff could also increase. All these countries are with Denmark on Greenland.
Why does Trump want to take over Greenland?
Trump believes that America may be in danger due to increased activities of China and Russia in this area, hence he wants America to take control of Greenland soon. Greenland is one of the largest islands in the world and has been part of Denmark for nearly three hundred years. In the year 1979, Denmark gave autonomy to Greenland, under which Greenland was given the right to take decisions on everything except issues related to foreign, defense and economic matters. Greenland is considered a semi-autonomous part of Denmark and Denmark is a part of the North Atlantic Treaty Organization (NATO), hence Greenland is protected under this treaty, hence NATO member countries have also sent their troops to Greenland.
European Union will announce FTA with India on January 27
Countries like Britain and France have openly opposed Trump’s decision regarding Greenland and the French Foreign Minister has called the tariff blackmailing. On the other hand, FTA between India and European Union is going to be announced on 27th January. Under this agreement, two countries make it easier for each other to access their markets. After FTA, Indian goods will get access to the markets of 27 EU countries with low tariffs or no tariffs. At the same time, EU goods will also get similar access to Indian markets. America has also imposed tariff on India, Trump is imposing 50 percent tariff on Indian goods for purchasing oil from Russia.
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