Araverus Team|Wednesday, January 21, 2026 at 5:28 PM
Araverus Team
Jan 21, 2026 · 5:28 PM
EU · International Trade · Mercosur · Trade Deal
EU lawmakers voted to challenge the EU's free trade agreement with Mercosur in the bloc's top court, a move that could delay the deal by two years and potentially derail it.
The Treasury Secretary said he expects to proceed with the agreement, despite some European Union lawmakers saying they might put it on hold over Trump’s Greenland comments.
Carney said he expects a robust review of the continental trade pact, which the Trump administration will lead later this year.
The Continent’s dependence on America runs deep and belies attempts to replace it with new alliances.
From retaliatory tariffs to the never-before-used “bazooka,” European leaders have a slate to choose from in responding to U.S. threats over Greenland.
