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
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"As the United States’ largest trading partner, the EU expects the U.S. to honor its commitments ... just as the EU stands by its commitments."
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The EU is stopping the ratification of the trade agreement because of Trump's new tariffs.
The European Union plans to temporarily suspend ratification
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