European Commission

Company

Last mentioned: 5h ago

Timeline

  1. Scheduled Vote

    Original date for the European Parliament trade committee to approve the EU-US deal (now in doubt).

  2. Parliament Deliberation

    Bernd Lange to call for a pause on legislative work regarding the EU-US trade deal.

  3. EU Formal Response

    European Commission demands 'full clarity' and insists the U.S. honor its trade commitments.

  4. Global Duty Announced

    Trump announces a 15% global import duty; Sefcovic speaks with Greer and Lutnick.

  5. Supreme Court Ruling

    U.S. Supreme Court rules much of the administration's IEEPA-based tariff campaign is illegal.

Stories mentioning European Commission 1

Financial Regulation Bearish

EU Demands US Honor Trade Pact Amid Trump’s New 15% Global Tariff Hike

The European Commission has issued a stern demand for the United States to uphold its bilateral trade commitments following President Trump's announcement of a 15% global import duty. The move comes immediately after a U.S. Supreme Court ruling limited the administration's tariff powers, creating a fresh wave of volatility in transatlantic relations.

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