Feb 21 • 00:00 UTC 🇮🇹 Italy La Repubblica

EU, agreement on tariffs frozen. Brussels takes time awaiting US relaunch

The EU has suspended ratification of the tariff agreement with the US due to implications from a US Supreme Court ruling.

The European Union has announced the suspension of its ratification of the tariff agreement with the United States, stemming from a recent ruling by the US Supreme Court. This decision is expected to have significant repercussions for the delicate agreement that was previously reached last summer and had already faced challenges from former President Donald Trump on various occasions. The situation has become even more precarious according to EU officials, who attribute the instability of the agreement to the recent legal developments in the US judiciary.

As the EU eagerly awaits a potential recalibration of US trade policy under a new administration, officials are wary of proceeding with an agreement that could be further undermined by unpredictable political shifts in the US. The timing of this suspension adds another layer of complexity to transatlantic relations, particularly as global economic conditions remain uncertain due to ongoing geopolitical tensions.

The main concern for EU leaders is finding a pathway forward that addresses both trade stability and compliance with legal rulings in the US, amidst fears that prolonged negotiations could jeopardize relations with American partners. The EU’s cautious approach signals an effort to maintain a coherent strategy in international trade while remaining adaptable to the evolving landscape of US domestic politics.

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