EU Pauses US Trade Deal After Trump Announces 15 Percent Global Tariff

The EU has paused ratification once before, in response to Donald Trump threatening tariffs on countries that opposed the U.S. acquisition of Greenland.

A person passes by the European Parliament building in Strasbourg, France, on Dec. 19, 2024. Sebastien Bozon/AFP via Getty Images

The European Parliament on Feb. 23 suspended the ratification process of the U.S.-European Union trade deal, after President Donald Trump announced a 15 percent global tariff following the Supreme Court’s decision to strike down his emergency tariffs.

Bernd Lange, chairman of the European Parliament’s International Trade Committee, said in a statement that the Feb. 20 ruling by the Supreme Court had implications for the proposed trade deal and that a “key instrument” used by the United States to initially strike the Turnberry Deal in Scotland last year is “no longer available.”