February 23, 2026
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.
TL;DR
- European Parliament suspended ratification of the U.S.-EU trade deal.
- President Donald Trump announced a 15 percent global tariff.
- A Supreme Court decision affected the trade deal.
- A key U.S. instrument for the Turnberry Deal is no longer available.
- The situation is now more uncertain, contradicting the goal of stability sought with the Turnberry Deal.
Continue reading the original article