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US President Donald Trump, upon returning to power in 2025, has brought about radical changes in global trade policy. By announcing a 50% tariff on many countries, including India, he has initiated a tariff war, and now his focus has shifted towards acquiring Greenland. A few days ago, international tensions increased after Venezuelan President Nicolas Maduro was arrested during an American attack, and Trump's aggressive policy has severely deteriorated relations with the European Union.
Against this backdrop, European nations have dealt a major blow to America by making the historic decision to cancel the trans-Atlantic trade agreement. The cancellation of this agreement, signed last year by European Commission President Ursula von der Leyen and President Trump, is likely to severely impact the American economy. Tensions have reached a peak due to Trump's threats to take control of Greenland and the decision to impose tariffs on Europe, prompting European leaders to unite and respond to America's unilateral policies.
While criticism is being made that the US attack on Venezuela has violated international law, attempts to take control of Greenland have angered Denmark and European countries. These moves by Trump have raised fears of a collapse in the global trade system, and countries like India may also have to face long-term consequences. Although discussions on the possibility of talks are ongoing from both sides, there are no signs of tension easing, raising questions about the stability of the global economy.
European countries canceled the historic trade agreement with America.
Tensions increased due to Trump's tariff war and Greenland policy.
This decision could have a significant impact on the American economy.
Questions have arisen about the stability of global trade and the economy.