EU lawmakers on Monday moved to suspend the EU-US trade agreement after the United States Supreme Court ruled last week that some of the tariffs imposed in 2025 by Washington were illegal, prompting President Donald Trump to announce fresh 15% duties on imports.
The European Parliament holds the keys to implementing the deal, which was clinched in July 2025 by Commission President Ursula von der Leyen and Trump after weeks of brinkmanship and tariff threats from Washington.
Widely viewed as lopsided by many in Europe, the deal locks in 15% US tariffs on EU exports, while granting zero-duty access to most American goods entering the bloc.
MEPs had already frozen the deal once after Trump threatened tariffs on several EU countries if they refused to let him acquire Greenland. Parliamentary work later resumed, and a vote on the deal was planned for Tuesday – but has now effectively been scrapped.
On Monday afternoon, Parliament’s negotiators convened for an extraordinary meeting with EU Trade Chief Maroš Šefčovič.
Earlier, Šefčovič held a video call with his G7 counterparts, seeking to put out the fire sparked by Washington’s latest tariff salvo.
“I restated that full respect for the EU-US deal is paramount. Staying in touch with my counterparts to secure reassurances,” Šefčovič said on X after the meeting.
Since Trump’s return to power, Washington has pursued an aggressive trade strategy aimed at reshoring US industry and boosting Treasury revenues.
But Supreme Court judges said last Friday that Trump overstepped his authority by imposing tariffs without Congressional involvement under a law reserved for national emergencies.
This is a developing story.