The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” following President Donald Trump’s new 15% tariffs and a U.S. Supreme Court ruling invalidating his previous global tariff programme.
Bernd Lange, chair of the European Parliament’s Committee on International Trade, said on Sunday that he will propose formally pausing the ratification of the trade deal until clarity and legal certainty are provided by the U.S. He plans to submit the proposal on Monday, emphasising that further steps should be delayed until the U.S. makes clear commitments.
The European Commission had demanded earlier that the United States honour the terms of last year’s EU–U.S. trade agreement.
The Commission, which negotiates trade policy for the 27 EU member states, said Washington must provide “full clarity” on its next steps, stressing that “a deal is a deal” and warning that unpredictable tariffs undermine confidence in global markets.
On Friday (20 February), the Supreme Court ruled 6-3 that Trump had exceeded his authority in imposing sweeping tariffs under an economic emergency law.
Within hours, the president announced a temporary 10% tariff on nearly all imports, before raising it to 15% on Saturday, the maximum permitted under Section 122 of U.S. trade law without extended congressional approval.
Last year’s EU-U.S. agreement set a 15% U.S. tariff rate for most EU goods, with exemptions for certain sectors such as aircraft and spare parts, while the EU agreed to lift duties on many American products and suspend retaliatory measures.
The Commission said EU products must continue to benefit from the “most competitive treatment” under the agreed ceiling and confirmed that EU Trade Commissioner Maroš Šefčovič had discussed the issue with U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick.
Despite the court ruling, Trump signalled he would continue pursuing alternative legal avenues to impose tariffs, saying he would use the 150-day window under Section 122 to develop other “legally permissible” trade measures.
North Korea’s Workers' Party of Korea has re-elected Kim Jong Un as general secretary during the party congress in Pyongyang state media reported....
The European Parliament’s trade chief has urged a temporary suspension of the EU–U.S. trade agreement approval, citing “tariff chaos” followin...
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures...
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of February, covering the latest developments you need to...
A “Victory will be ours” banner was hung on the Russian Embassy in Seoul, ahead of the fourth anniversary of Russia’s full-scale invasion of Ukr...
North Korea’s Workers' Party of Korea has re-elected Kim Jong Un as general secretary during the party congress in Pyongyang state media reported.
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of February, covering the latest developments you need to know.
A “Victory will be ours” banner was hung on the Russian Embassy in Seoul, ahead of the fourth anniversary of Russia’s full-scale invasion of Ukraine. It remains on display despite a request from the South Korean Foreign Ministry on Sunday (22 February) for its removal, sparking widespread criticism.
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
UK politicians have renewed calls for Andrew Mountbatten-Windsor, formerly Prince Andrew, to be removed from the line of succession following his arrest on suspicion of misconduct in public office and revelations over his links to convicted U.S. sex offender Jeffrey Epstein.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
China says it's making a "full assessment" of the U.S. Supreme Court's tariff ruling and urged Washington to lift "relevant unilateral tariff measures" on its trading partners, the Chinese commerce ministry said in a statement on Monday (23 February).
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 23rd of February, covering the latest developments you need to know.
A “Victory will be ours” banner was hung on the Russian Embassy in Seoul, ahead of the fourth anniversary of Russia’s full-scale invasion of Ukraine. It remains on display despite a request from the South Korean Foreign Ministry on Sunday (22 February) for its removal, sparking widespread criticism.
North Korea’s Workers' Party of Korea has re-elected Kim Jong Un as general secretary during the party congress in Pyongyang state media reported.
Hungary has said it will block the European Union’s latest sanctions package against Russia unless oil supplies through the Druzhba pipeline are restored, deepening a dispute with Brussels and Kyiv over energy security.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment