The European Parliament has suspended the ratification process of the trade agreement between the European Union and the United States. This decision was made in light of recent threats from US President Donald Trump. As stated by the leader of the Socialists and Democrats group, Iratxe García Pérez, there is 'an agreement supported by a majority' of political groups to freeze the trade deal reached last year between Washington and Brussels. The European People's Party (EPP), the largest party in the European Parliament, confirmed the suspension of discussions on this agreement. It stipulated a 15% tariff on European exports to the United States, in return, the removal of tariffs on American exports to the EU. EPP leader Manfred Weber stated on Tuesday that not allowing US companies to enter the European market without tariffs is 'a very powerful tool'.
