Supreme Court Ruling Sparks EU Halt
European Parliament negotiators have put the EU-US trade agreement on hold following a US Supreme Court decision that deemed some 2025 tariffs imposed by Washington illegal. The ruling prompted President Donald Trump to announce fresh 15% duties on imports, raising uncertainty over the pact’s future. German MEP Bernd Lange by European Commission President Ursula von der Leyen and Trump, had already faced criticism in Europe for favoring the US. While it imposed 15% tariffs on EU exports, most American goods entered the bloc duty-free. A planned vote by MEPs has now been scrapped, with Parliament insisting on clear guarantees that the US will honor the terms over the long term.
Diplomatic Efforts Underway
EU Trade Commissioner Maroš Šefčovič held urgent discussions with US counterparts Howard Lutnick and Jamieson Greer, as well as G7 officials, in an attempt to stabilize the situation. Šefčovič emphasized that respecting the agreement and clarifying the 15% tariff framework is critical, adding that Parliament could potentially vote on the deal during its March session. Trump’s aggressive trade agenda, aimed at reshoring industry and increasing federal revenue, now faces new obstacles after the Supreme Court ruled he overstepped his authority without Congressional approval.
