US Edition
EU lawmakers postpone vote on U.S. trade deal after Trump threatens 15% global tariffs
EU lawmakers delayed ratification due to uncertainty over new U.S. tariffs and Supreme Court ruling, with 7-8% of EU exports potentially facing higher levies, officials said.
- On Monday, the European Parliament postponed a planned Tuesday vote on the EU-U.S. trade deal after President Donald Trump imposed a new 15% import tariff.
- In response to the legal decision, the U.S. Supreme Court struck down many tariffs, prompting President Donald Trump to impose a 15% duty Saturday.
- Trade committee chair Bernd Lange cautioned that some EU export sectors could face higher levies, with about seven to eight per cent of products affected, and said `By threatening the territorial integrity and sovereignty of an E.U. member state and by using tariffs as a coercive instrument, the U.S. is undermining the stability and predictability of E.U.-U.S. trade relations`.
- EU officials demanded clear answers and said EU lawmakers will reconvene on March 4, 2026, to assess Washington's commitment; Olof Gill said, `We look forward to our American counterparts explaining to us precisely what is happening.`
- Looking at the bigger picture, EU lawmakers paused the trade deal vote, citing US tariffs, with a March review scheduled; Merz said, 'if we want to contribute to the stability of our relations, then we should put an end to these uncertainties as quickly as possible.
124 Articles
124 Articles
EU pauses U.S. trade deal as it seeks clarity over Trump's new 15% global tariffs
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readingeagle
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