EU pauses U.S. trade deal as it seeks clarity over Trump's new 15% global tariffs
PBS • • nation
Key Points:
- European officials demand clarification on how President Trump's new 15% global import tax will impact the US-EU trade deal, leading the European Parliament's trade committee to postpone ratification.
- The US-EU deal capped tariffs on most European goods at 15%, while US industrial goods tariffs were to be reduced to zero; Trump's new tariff rate, applied on top of existing tariffs, breaches this agreement.
- Concerns also arise over other bilateral trade deals with countries like Brazil, India, and Britain, as Trump's shift to tariffs under different legal provisions threatens to disrupt previously negotiated agreements.
- US Trade Representative Jamison Greer affirmed the administration's commitment to maintaining bilateral deals despite the tariff changes, emphasizing that tariffs were intended regardless of the
