Wow, unlike the US Congress, the EU has grown some balls and is standing up to Boss Hogg.

 The European Parliament has suspended the approval of a key US trade deal agreed in July in protest at Donald Trump's demand to take over Greenland.

The suspension was announced in Strasbourg, France, on Wednesday, as the US president addressed the World Economic Forum in Davos.

The move marked a fresh escalation in tensions between the US and Europe, as Trump continues to threaten tariffs against European countries in his bid to acquire Greenland. 

Despite Trump ruling out the use of force to take control of the territory, the stand-off has rattled financial markets, reviving talk of a trade war and the possibility of retaliation against the US.

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