After nearly 20 years of negotiations, the two sides struck a far-reaching agreement that officials called “the mother of all trade deals.”

In an agreement that seemingly bodes well for the flow of pharmaceuticals between the two regions, the EU and India on Monday agreed to a sweeping free trade agreement that the European bloc has dubbed “the largest such deal ever concluded by either side.”

President Donald Trump said Saturday the United States will impose new tariffs on several European countries unless a deal is reached for the purchase of Greenland, escalating his long-running push for US control of the Arctic territory.

European Union ambassadors held an emergency meeting on Sunday, and leaders from across the 27-nation bloc will meet in Brussels later this week.

Trump’s trade wars trigger the historic India-EU deal, reshaping global trade while leaving U.S. exporters on the sidelines.

As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."

A key group of European Parliament members blocked a vote to ratify a US-European trade deal Wednesday after President Donald Trump threatened to take over Greenland and charge as much as an additional 35% tariff on countries opposed to his ambitions.

The 27-nation bloc struck a trade deal with Trump in July.