Trump tariffs: EU grapples with fallout of US court ruling
DW.com • • nation
Key Points:
- The US Supreme Court ruled most of President Trump's tariffs illegal under the International Emergency Economic Powers Act (IEEPA), potentially halting his flagship trade policy and offering relief to affected countries and sectors.
- European leaders, including French President Macron and German Chancellor Merz, cautiously welcomed the decision, emphasizing the importance of checks and balances and hoping it will ease tariffs on exporters.
- The ruling has created uncertainty over the EU-US trade agreement ratification process, with EU lawmakers postponing votes and holding emergency meetings to assess the implications.
- German industry leaders called for swift clarification on the ruling's impact, warning that other US trade instruments could still impose restrictive tariffs, particularly in sectors like steel, aluminum, and automotive.
- Despite the ruling, tariffs imposed
