EU Parliament puts US trade deal on ice after latest Trump tariff hit
politico.eu • • nation
Key Points:
- The European Parliament has frozen ratification of the EU-U.S. trade deal due to concerns that President Trump’s new global 15% tariff breaches the terms of the Turnberry accord reached last July.
- The U.S. Supreme Court struck down the main tariffs underpinning the deal, and Trump announced tariffs under a new legal authority, raising alarms in the EU about potential breaches.
- European lawmakers delayed a planned vote on the deal, emphasizing the need for clarity and urging a final vote in March, while calling for a unified EU response.
- The deal included safeguards such as a six-month review of steel tariffs and a clause to revoke the deal if the U.S. threatened EU territorial integrity, reflecting ongoing tensions.
- EU
