Business & Economics

EU Parliament Freezes Ratification of 2025 Trans-Atlantic Trade Pact After U.S. Court Nixes Tariffs, Trump Retaliates

On 23 Feb 2026, the European Parliament’s trade committee abruptly postponed its scheduled 24 Feb vote on the July 2025 EU-US trade agreement, citing the 20 Feb U.S. Supreme Court ruling voiding most Trump-era tariffs and the White House’s immediate imposition of new blanket duties.

By Tomás Rydell

Focusing Facts

  1. The committee shelved the vote less than 24 hours before it was to occur, after an emergency meeting chaired by Bernd Lange in Brussels on 23 Feb 2026.
  2. The U.S. Supreme Court’s 6-3 decision on 20 Feb 2026 struck down tariffs imposed under the 1977 International Emergency Economic Powers Act, prompting President Trump that same day to sign an order instituting a 10 % global tariff under Section 122 of the 1974 Trade Act, with plans to hike it to 15 %.
  3. The stalled pact would have removed most EU duties on U.S. goods while locking in a 15 % U.S. tariff ceiling on EU exports, with an 18-month sunset clause added by MEPs during negotiations.

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