Business & Economics
EU Parliament Freezes Ratification of US Trade Pact After Court Nixes Tariffs, Trump Slaps 15% Blanket Duty
On 23 Feb 2026 the European Parliament’s trade committee abruptly shelved its ratification vote on last summer’s US-EU tariff deal after the US Supreme Court (6-3) voided Trump’s earlier duties and the White House retaliated with a new, temporary 15 % global surcharge under the 1974 Trade Act.