Bota Posted on 2026-02-23 09:49:00

"Trump to fulfill trade promises" - EU demand after Court blocks tariffs

From Dorian Koça

"Trump to fulfill trade promises" - EU demand after Court blocks
The European Commission called on Washington to deliver on its commitments and provide “full clarity” after a US Supreme Court ruling that struck down some of President Trump’s tariffs.

Trump has strongly criticised the court’s decision and wants a global tariff of 15%, up from the 10% he announced a day earlier.

The European Commission said the current situation was not conducive to delivering “fair, balanced and mutually beneficial” transatlantic trade and investment, as agreed by both sides and set out in the EU-US Joint Declaration of August 2025.

US and EU officials signed a trade deal last year that imposes a 15% import tax on 70% of European goods exported to the United States.

A senior EU lawmaker said he would propose to the European Parliament’s negotiating team to suspend the ratification process of the deal. The value of trade in goods and services between the EU and the US reached €1.7 trillion in 2024, or an average of €4.6 billion per day.

“A deal is a deal,” the European Commission said. “As the United States’ largest trading partner, the EU expects the US to deliver on its commitments set out in the Joint Declaration — just as the EU stands by its commitments. EU products should continue to benefit from more competitive treatment, without tariff increases beyond the clear and comprehensive limits previously agreed.”

Europe’s biggest exports to the US are pharmaceuticals, cars, aircraft, chemicals, medical instruments, as well as wine and spirits. Among the US’s biggest exports to the bloc are professional and scientific services such as payment systems and cloud infrastructure, oil and gas, pharmaceuticals, medical devices, space products and cars.

As a primarily trading bloc, the EU has a powerful tool at its disposal for retaliation - the bloc's Anti-Bribery Instrument. It includes a range of measures to block or restrict trade and investment from countries found to be exerting excessive pressure on EU member states or corporations.

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