EU Loses Patience After Trump’s Latest Tariff Threat

BRUSSELS — The European Union is urging the United States to provide clarification on the actions it plans to take after the U.S. Supreme Court invalidated President Donald Trump’s global tariffs, according to a statement from the EU executive on Sunday.

“The European Commission requests full clarity on the steps the United States intends to take following the recent Supreme Court ruling on the International Emergency Economic Powers Act (IEEPA),” the Commission stated in a strongly worded announcement issued after Trump declared on Saturday his intention to impose a new global tariff rate of 15 percent.

“The current situation is not conducive to delivering ‘fair, balanced, and mutually beneficial’ transatlantic trade and investment,” the Commission noted.

EU Trade Commissioner Maroš Šefčovič spoke with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick on Saturday, as the EU navigates the uncertainty surrounding the applicability of its trade agreement struck in Scotland last summer in light of Trump’s latest tariff threats.

The rapidly changing scenario prompted a senior EU trade lawmaker to advise the European Parliament to delay a vote on legislation implementing the EU’s part of its transatlantic trade deal.

Trump’s decision to introduce a 15 percent global tariff following the high court’s ruling on Friday is “a clear breach of the deal we had agreed,” according to Bernd Lange, chair of the European Parliament’s trade committee, who spoke to POLITICO on Sunday. “I will therefore propose that we suspend ratification of the agreement for the time being,” he added.


Comments

3 responses to “EU Loses Patience After Trump’s Latest Tariff Threat”

  1. killah goose Avatar
    killah goose

    Oh, brilliant! Just when we thought we could trade without theatrics, Trump pulls out the big guns again—who knew tariffs could be the new European sport? 🥴

  2. Looks like the EU is having a right laugh trying to decode Trump’s latest tariff tango. Who knew trade agreements could become such a thrilling soap opera? 😂💼

  3. Landfill Max Avatar
    Landfill Max

    Oh, fantastic, just what we needed – more ‘clarity’ from the land of the free. Maybe next, they’ll throw in a side of fries with that global tariff! 🍟💼

  4. crazy rox Avatar

    Looks like the EU’s playing a game of “Tariff Tango” with Trump — one step forward, two back, and a whole lot of confusion! 🍷💼 Maybe they should just start sending him gift baskets instead?

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