EU lawmaker urges delay to US trade deal vote after tariff upheaval

A senior EU lawmaker wants to delay a vote on the EU-U.S. trade deal. This comes after the U.S. Supreme Court struck down President Trump's global tariffs. Trump then imposed new tariffs, creating confusion for EU partners. The lawmaker stated the...

IANS
A senior EU lawmaker proposed on Sunday postponing a vote on the EU-U.S. trade deal that had been planned for this week, arguing that the terms and legal basis on which the deal was struck had changed.

The U.S. Supreme Court ‌struck down ⁠President ⁠Donald Trump's global tariffs on Friday, prompting Trump to put in ​place a temporary tariff of 10%, which he hiked to 15% on ​Saturday.

"Pure tariff chaos from the U.S. administration. No one can make sense of it anymore - only open questions and growing uncertainty for the EU and other ⁠U.S. trading ‌partners," Bernd Lange wrote in a post on X.


The European Union and the U.S. agreed at ⁠Trump's Turnberry golf course in Scotland last July on a deal averting a trade war under which the EU is to remove its import duties on many U.S. products in return for a 15% U.S. tariff on most EU goods exports.

The reduced EU duties need clearance from EU governments and the European Parliament.

Lange wrote that ‌the terms of the Turnberry agreement and the legal basis on which it was reached ​had changed ​and that clarity was ⁠now needed.
ADVERTISEMENT

The Greens have also said the vote should be paused.

The European Parliament last month suspended its work on the deal ​in protest at U.S. President Donald Trump's demands to acquire Greenland and threats of tariffs on European allies who oppose his plan, but subsequently decided to put the deal to a vote at the end of February.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › World News › EU lawmaker urges delay to US trade deal vote after tariff upheaval
Text Size:AAA
Success
This article has been saved

*

+