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Eu Us Trade Deal

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EU stalls ratification as 15% global tariffs cast shadow over US trade deal
world9 days ago

EU stalls ratification as 15% global tariffs cast shadow over US trade deal

The European Parliament postponed a vote on approving the US–EU trade agreement until it gets clear how President Trump’s new 15% global tariff, announced after a Supreme Court ruling, would interact with the deal’s tariff ceiling. If applied on top of existing duties, the flat rate would breach the negotiated cap, delaying ratification and potentially prompting renegotiation of other bilateral deals. Washington says tariffs will proceed under other laws regardless, while the 150‑day window could offer time to pursue new legal avenues amid sustained trade policy uncertainty for Europe and the US.

EU-US trade deal stalls as Greenland tariffs escalate
world1 month ago

EU-US trade deal stalls as Greenland tariffs escalate

EU lawmakers are set to freeze ratification of the EU-U.S. trade pact after Donald Trump imposed new tariffs tied to Greenland, with the European Parliament signaling it will not approve the agreement while tensions with Washington intensify. The bloc could resort to the Anti-Coercion Instrument and other measures, and a vote previously scheduled for Jan. 26 is now in doubt as the dispute over Greenland’s sovereignty deepens.

EU-US Trade Negotiations and Their Global Impact
world7 months ago

EU-US Trade Negotiations and Their Global Impact

European leaders are cautious about the EU-US trade agreement announced after months of negotiations, which reduces threatened tariffs from 30% to 15%, but many details remain unresolved and discrepancies exist between the sides. The deal is seen as a first step, with ongoing negotiations expected, and some EU countries, especially Germany, Ireland, and Italy, will face significant economic impacts due to the tariffs.

European Spirits Industry Seeks US Tariff Relief Amid Uncertain EU-U.S. Trade Deal
business7 months ago

European Spirits Industry Seeks US Tariff Relief Amid Uncertain EU-U.S. Trade Deal

European wine and spirits producers are seeking a sector-specific exemption from the US-EU trade deal's tariffs, which could significantly impact their exports and margins. Industry groups are hopeful for a zero-tariff arrangement, but uncertainties remain, affecting stock prices and prompting companies to consider price hikes and market strategies. The sector's future depends on upcoming negotiations and potential carve-outs.