Business

EU leaders felt relieved after Donald Trump's change of heart regarding Greenland during an emergency summit in Brussels on Thursday night. They expressed a desire to revive the EU-U.S. trade deal, which the European Parliament had paused due to U.S. pressure about acquiring Greenland. The leaders emphasized their commitment to strengthen cooperation across the Atlantic but also stated they would take action if Trump were to issue further threats. The summit was called after the U.S. hinted at imposing high tariffs and even military action in Greenland, only to backtrack later, claiming a deal regarding the Arctic island was possible. European Commission President Ursula von der Leyen noted, “We were successful by being firm,” highlighting Trump’s withdrawal of threats against Europe about Greenland. However, EU officials remarked that these threats significantly damaged Europe’s trust in its ally. Kaja Kallas, the bloc’s foreign policy chief, mentioned, “Transatlantic relations have definitely taken a big blow over the last week” as she arrived for the meeting. While the emergency summit aimed to evaluate the EU-U.S. relationship, no specific decisions were made.