EU suspends implementation of Turnberry trade deal with Trump

The US Supreme Court has ruled most of Donald Trump's tariffs illegal, casting doubt on the Turnberry agreement signed in July 2025. The European Parliament has suspended its implementation pending clarifications from Washington. Trump has threatened higher tariffs if the ruling is exploited.

The Turnberry agreement, negotiated in July 2025 at the Turnberry golf course in Scotland, was secured under the threat of a 30% US surtax on imports. Donald Trump obtained the removal of EU tariffs on American industrial products in exchange for a 15% minimum tariff on most European exports to the United States. Commission President Ursula von der Leyen was summoned there by Trump, who boasted of having signed 'the greatest deal ever'.

Seen as a capitulation for Europe, this transatlantic framework agreement immediately sparked outrage, described as a 'disgrace' and 'humiliation'. Last Friday, the US Supreme Court, in a 6-3 decision, invalidated much of these 'reciprocal' tariffs imposed on the European Union, Canada, Mexico, and other countries.

In response, the European Parliament announced on Monday the suspension of the agreement's implementation, awaiting clarifications from Washington. Trump reacted by the end of the day, warning that any attempt to exploit the judicial decision would result in 'much higher' tariffs. The fate of this deal remains uncertain as Europe considers potential retaliatory measures.

Relaterade artiklar

President Trump signs 10% global tariff executive order hours after Supreme Court ruling strikes down prior tariffs.
Bild genererad av AI

Trump signs 10% global tariff after supreme court ruling

Rapporterad av AI Bild genererad av AI

The US Supreme Court ruled that President Donald Trump's tariffs imposed under the 1977 IEEPA law were unlawful. Hours later, Trump signed an executive order imposing a 10% global tariff on all countries under Section 122 of the 1974 Trade Act. The tariff will take effect almost immediately and last for 150 days.

France urges a united European Union response and Germany plans talks with allies after US President Donald Trump raised his global tariff to 15% on Saturday, defying a Supreme Court ruling that struck down his initial trade measures. The hike, effective immediately, targets major US partners including the EU, Japan, South Korea, and Taiwan.

Rapporterad av AI

The US Supreme Court issued a 6-3 decision on Friday ruling that President Donald Trump's tariffs imposed under the International Emergency Economic Powers Act were unconstitutional. Trump responded by announcing new 10 percent global tariffs under a different statute, later raising them to 15 percent. The European Union has paused a recent trade deal with the US amid the resulting uncertainty.

US President Donald Trump signed a decree on Friday (20) imposing a 10% tariff on imports from all countries, responding to the Supreme Court's ruling that previous tariffs under the IEEPA law were illegal. The new measure takes effect on February 24 and lasts 150 days, exempting items like beef, oranges, and critical minerals. For Brazil, the global rate improves competitiveness compared to prior reciprocal tariffs of up to 50%.

Rapporterad av AI

The U.S. Supreme Court ruled 6-3 on Friday that President Trump cannot use the International Economic Emergency Powers Act to impose broad-scale tariffs, prompting immediate responses from the administration and political figures. Trump signed a 15% global tariff under a different law the next day and criticized the court on Monday. The decision has sparked debates over its political implications ahead of the midterms and the State of the Union address.

The US Supreme Court declared illegal the reciprocal tariffs and the fentanyl tariff imposed by Donald Trump under the IEEPA. Mexico keeps zero tariffs for T-MEC compliant goods, but non-compliant ones drop from 25% to 15%. This narrows the competitive edge of non-compliant Mexican exports.

Rapporterad av AI

The US Supreme Court has ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs. This decision eliminates the reciprocal tariffs imposed so far, but it is not a reversal of US trade policy. For India, the importance of recent trade deals has increased.

 

 

 

Denna webbplats använder cookies

Vi använder cookies för analys för att förbättra vår webbplats. Läs vår integritetspolicy för mer information.
Avböj