$303 Bn at stake: EU wants ‘clarity’ from Trump; set to SUSPEND trade deal after SC blocks tariffs
The European Union is set to freeze approval of trade deal with the United States after the U.S. Supreme Court struck down Trump’s global tariffs, Bloomberg reports. EU lawmakers say they need clarity from the Trump administration before moving forward with ratification. The suspension threatens major transatlantic trade ties as tariff uncertainty rattles global markets. With billions at stake, the showdown could redefine US-EU economic and political relations.