Finance
France supports suspension of EU-US trade deal, foreign minister says
Published by Global Banking & Finance Review®
Posted on January 20, 2026
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 20, 2026
2 min readLast updated: January 20, 2026
France backs suspending the EU-US trade deal amid Greenland tensions and Trump's tariff threats, says Foreign Minister Barrot.
Jan 20 (Reuters) - France supports the suspension of a trade deal between the European Union and the U.S., Foreign Minister Jean-Noel Barrot told the French parliament on Tuesday, as a row over the future of Greenland intensified.
U.S. President Donald Trump has threatened a further wave of tariffs on some European nations until he is allowed to take control of Greenland, to the dismay of European leaders.
"The threat of customs duties (is) being used as blackmail to obtain unjustifiable concessions," Barrot said, adding that the European Commission has "very powerful instruments" to respond to Trump's threats.
The European Parliament is expected to formally suspend on Wednesday its work on the trade deal struck with the U.S. last summer in protest over Trump's threats, EU lawmakers said.
The parliament had been due to vote on removing many EU import duties on January 26-27, but Manfred Weber, head of the European People's Party, the largest group in parliament, said late on Saturday that approval was not possible for now.
In a post on the social media platform X, Barrot said France wants to continue working with the U.S. on security and peace. "But when the United States makes an unacceptable proposal, it (France) is prepared to say no," Barrot wrote.
(Reporting by Louise Rasmussen, Alessandro Parodi and Philip Blenkinsop; editing by Richard Lough and Paul Simao)
The article discusses France's support for suspending the EU-US trade deal due to tensions over Greenland and US tariff threats.
France supports the suspension due to US President Trump's threats of tariffs and demands regarding Greenland.
The European Commission has powerful instruments to respond to Trump's threats, as mentioned by France's Foreign Minister.
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