The EU is postponing the approval of the trade agreement reached with the US

The EU is delaying the approval process related to the trade agreement due to the US Supreme Court’s decision on Trump’s tariffs.

The EU intends delay the approval of the trade agreement between the Union and the United States, as the US Supreme Court on Friday overturned a large part of the President Donald Trump’s of customs duties. This is reported by the Reuters news agency.

Trump imposed new 15 percent blanket tariffs on imports following Friday’s Supreme Court ruling.

The European Parliament’s trade committee was scheduled to vote on Tuesday on removing tariffs on US industrial products. Parliament’s negotiators will meet on Monday in an extraordinary meeting to decide on postponing the agreement.

Approval process was supposed to be completed in March, but has already been frozen once before due to Trump’s Greenland statements.

Now the EU is ready to suspend the process again.

“We have no choice but to delay the approval process so that we can clarify the situation”, one of the EU Parliament’s chief negotiators Željana Zovko told Bloombergille.

According to the spokesperson of the EU Commission, the Commission wants full clarity on what the new developments mean for trade relations between the EU and the United States.

EU trade commissioner Maroš Šefčovič will attend the G7 trade ministers’ meeting on Monday due to Trump’s tariffs. Representatives of the United States are also expected to participate in the meeting, reports news agency AFP.

Trump published on Monday on Truth Social an update in which he threatened countries with even higher import tariffs if they try to take advantage of a Supreme Court ruling on his global tariff policy.

“Any country that wants to ‘play games’ with the Supreme Court’s ridiculous decision, especially those countries that have been ‘depriving’ the United States for years and even decades, will face much higher tariffs, and it will be worse than what was recently agreed upon,” Trump wrote.

Trump claimed in his second social media update in addition to not needing congressional approval for customs. According to him, approval has already been received in many forms before.

By Editor