The EU told the US, "An agreement is an agreement," and after the court ruling, tariff uncertainties have increased.

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Investing.com - The European Commission urges the United States to clarify its trade policy following last week’s Supreme Court ruling on tariffs, emphasizing that existing commitments between the two sides must be respected.

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In a statement, the European Commission said, “The agreement is the agreement,” implying that despite legal changes to former President Donald Trump’s tariff framework, Washington should continue to honor the terms of its trade arrangements with the EU.

This statement was issued in response to Trump’s proposal to impose a new 15% global tariff after the court ruling, which raised concerns in Brussels about the stability of transatlantic trade rules and the legal basis of previously negotiated agreements.

EU officials stated that the EU remains committed to constructive engagement but warned that unpredictable tariff actions could create uncertainty for businesses and supply chains. The European Commission added that it expects the U.S. to maintain fair and balanced trade conditions while both sides assess the impact of the ruling.

The EU and the U.S. remain each other’s largest trading partners, making tariff transparency crucial as policymakers attempt to maintain momentum in ongoing negotiations and prevent trade tensions from escalating again.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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