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Trump's Greenland gambit backfires as EU suspends work on US trade deal

David Edwards
January 21, 2026 11:58AM ET
U.S. President Donald Trump speaks prior to a bilateral meeting with Switzerland's Federal President Guy Parmelin, Switzerland's Economy Minister Federal councillor Karin Keller-Sutter and Switzerland's Foreign Minister Federal councillor Ignazio Cassis, in Congress Centre, on the sideline of the 56th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, January 21, 2026. Laurent Gillieron/Pool via REUTERS

President Donald Trump's effort to acquire Greenland backfired as the European Parliament stopped work on a trade deal with the U.S.

While Trump was speaking to the World Economic Forum in Davos on Wednesday, Bernd Lange, the chair of the European Parliament’s trade committee, confirmed that "the EU-US deal is on hold until further notice.”

“Our negotiating team just decided to suspend work," Lange added in a social media post, "on the legal implementation of Turnberry deal. Our sovereignty and territorial integrity are at stake. Business as usual impossible.”

During his WEF speech, Trump ruled out using military force to take Greenland.

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