EU says US must honor a trade deal after court blocks Trump tariffs
The EU demands the U.S. respect the 15% tariff cap from last year's trade deal and warns unpredictable tariffs undermine $2 trillion in annual trade, risking retaliation and paused ratification.
- The European Union requested clarity from the United States and asked it to honor a trade deal after a U.S. court struck down some of Trump's tariffs.
- The EU warned that the current situation is creating uncertainty for trade partners, and a top EU lawmaker proposed pausing the ratification of the deal.
- The EU has tools like the Anti-Coercion Instrument to potentially restrict U.S. access to its market in retaliation for undue pressure.
184 Articles
184 Articles
The EU is stopping the ratification of the trade agreement because of Trump's new tariffs.
EU lawmakers say will freeze US trade deal after Supreme Court ruling
EU lawmakers decide to freeze a crucial trade deal with the US following a Supreme Court ruling against Trump's tariffs. Discover the implications for international trade.
The European Union plans to temporarily suspend ratification
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