Bernd Lange

Person

Last mentioned: 6h ago

Timeline

  1. Parliament Vote

    Scheduled vote for the EU-US trade deal in the European Parliament (now in doubt).

  2. EU Response

    European Commission demands the US honor the existing Joint Statement trade deal.

  3. Tariff Hike

    President Trump announces a 15% global import duty despite the court ruling.

  4. SCOTUS Ruling

    US Supreme Court rules much of the administration's tariff campaign under IEEPA is illegal.

Stories mentioning Bernd Lange 1

Trade Policy Bearish

EU Demands US Honor Trade Deal Amid Trump's New 15% Global Tariff Hike

The European Commission is urging the United States to uphold a bilateral trade agreement following President Trump's decision to implement a 15% global import duty. This move comes immediately after a US Supreme Court ruling against the administration's use of emergency powers for tariffs, creating significant volatility for international supply chains.

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