EU Rejects Higher US Tariffs After Court Ruling
The European Union has said it will not accept any increase in U.S. tariffs following a recent U.S. Supreme Court ruling that struck down certain duties imposed under emergency powers. EU officials stated that any future trade arrangement must not result in higher tariff burdens on European exports.
EU Rejects Increase In US Tariffs
European Commission representatives said the bloc expects clarity from Washington after the U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act were unlawful. The EU emphasised that ongoing trade discussions should not lead to new or higher tariffs on European goods.
Officials indicated that the ruling creates an opportunity to stabilise transatlantic trade relations and remove uncertainty affecting businesses on both sides.
US Supreme Court Tariff Ruling Impact
The U.S. Supreme Court recently determined that the emergency powers law cited by the administration did not authorise broad-based import tariffs. As a result, U.S. Customs is set to halt collection of those specific duties.
The decision has prompted discussions about alternative legal pathways the U.S. administration may pursue to maintain certain trade measures. EU officials said they are closely monitoring developments and engaging with U.S. counterparts.
Transatlantic Trade Deal Negotiations
The European Union reiterated its commitment to a negotiated solution that ensures predictability and fairness in trade. The bloc stressed that any agreement must comply with international trade rules and avoid unilateral tariff increases.
EU representatives said discussions are ongoing, with the objective of safeguarding supply chains and maintaining balanced market access. Further details are expected as consultations between Brussels and Washington continue.
