The European Parliament has postponed a crucial vote on the EU-US trade agreement in light of a recent US Supreme Court ruling affecting Trump's tariff policies.
On Monday, the European Parliament announced its decision to postpone a significant vote regarding the EU's trade agreement with the United States. This decision comes in the wake of a U.S. Supreme Court ruling that struck down aspects of former President Donald Trump's steel and aluminum tariffs, which had been a contentious point in transatlantic trade relations. A majority of Members of the European Parliament expressed the need for greater clarity and legal certainty before they could approve the agreement. The trade pact, which was initially signed in July at Turnberry, Scotland, entails a 15% tariff on European products and aims to reduce tariffs on U.S. products to potentially zero while also committing the EU to purchase energy from the U.S.
