EU lawmakers to meet at 08:00GMT to decide whether to postpone the vote on lifting tariffs on US industrial goods, Politico reports citing sources; a delay framed as a tactical response to the US' threat to annex Greenland

EU lawmakers to meet at 08:00GMT to decide whether to postpone the vote on lifting tariffs on US industrial goods, Politico reports citing sources; a delay framed as a tactical response to the US' threat to annex Greenland.

The potential postponement of the vote on lifting tariffs on US industrial goods signals a tactical response from the EU amid rising tensions over US threats regarding Greenland. This evidence of escalating geopolitical strife may impact trade sentiment and could provoke further market volatility, particularly in sectors sensitive to tariff changes. Traders should monitor the implications for bilateral relations and any ripple effects on risk assets and commodities tied to trade dynamics.