The US-EU trade negotiations just hit a wall. After President Trump ramped up threats over Greenland, the European Parliament slammed the brakes on a crucial ratification vote. When major trade agreements stall like this, it usually signals rising geopolitical friction—exactly the kind of macro uncertainty that tends to shake risk-on appetite in markets. Worth watching how this plays out, especially if tensions keep escalating and trade talks drag on longer. These geopolitical headwinds could reshape capital flows across asset classes.