EU demands clarity from US after court strikes down Trump tariffs
Key Points:
- The European Commission has called on the United States for "full clarity" and urged it to honor its trade commitments following the U.S. Supreme Court's invalidation of some tariffs imposed under President Trump.
- Trump responded to the court ruling by proposing an increase in global tariffs from 10% to 15%, escalating tensions with the EU, which views the situation as harmful to fair and balanced trans-Atlantic trade.
- The EU is considering pausing the ratification of a recent trade deal that set a 15% import tax on 70% of European goods entering the U.S., citing growing uncertainty and "tariff chaos" from the U.S. administration.
- EU trade officials emphasize that the bloc expects the U.S. to maintain