Brief by Shorts91 Newsdesk / 07:38pm on 20 Jan 2026,Tuesday International
The European Parliament plans to suspend approval of a US tariffs deal agreed last year. Sources said the move may be announced in Strasbourg on Wednesday. The decision follows fresh tariff threats by US President Donald Trump over Greenland. The standoff has hit global markets, with stocks and the dollar falling. European leaders warned against US pressure on sovereignty. French President Emmanuel Macron urged the EU to consider retaliation. Meanwhile, US Treasury Secretary Scott Bessent asked Europe not to retaliate. The deal needs EU approval to take effect. (PC: Bloomberg via Getty Images)
