In response to the legal defeat, Trump said he would invoke a separate, untested law to temporarily introduce a global 15 per cent tariff on imports. European politicians and officials spent the weekend trying to confirm what the developments mean for a EU-US trade deal struck last summer, which capped tariffs on European Union goods sold into the US at 15 per cent. “We need absolute clarity.”The European Parliament’s trade committee has paused its work on ratifying the EU-US tariff deal until the dust settles on the latest twist. The EU-US deal also excluded aircraft and some chemicals from the levies. The European Commission, the EU’s executive arm that leads on trade policy, wants assurances that any US global tariff will not be stacked on top of the existing rate agreed in the EU-US deal.

Source: The Irish Times February 23, 2026 19:30 UTC