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Parliamentary Review
Bernd Lange calls for a hold on legislative work regarding the U.S. trade agreement.
EU Statement
European Commission issues a formal demand for the U.S. to honor the 'Joint Statement' trade deal.
Tariff Hike
President Trump announces a 15% global duty on imports despite the court ruling.
Diplomatic Outreach
Maros Sefcovic speaks with Jamieson Greer and Howard Lutnick to seek clarity.
SCOTUS Ruling
U.S. Supreme Court rules much of the administration's international tariff campaign is illegal under IEEPA.
The European Commission has called on the United States to uphold its existing trade agreements following President Trump’s decision to implement a 15% global import duty. This move, occurring immediately after a Supreme Court ruling against the administration’s tariff authority, has injected significant volatility into transatlantic trade relations and global supply chains.