The European Union may delay approval of a U.S. trade deal due to concerns over U.S. trade policy under Donald Trump. Bernd Lange plans to pause ratification of the EU–US “Turnberry Agreement” until the bloc receives clear legal assurances regarding U.S. trade practices. This decision follows a U.S. Supreme Court ruling blocking Trump’s emergency tariffs and new plans for global tariffs of up to 15%, which have created uncertainty for EU trade. The proposed deal, negotiated with Ursula von der Leyen, would impose 15% tariffs on most EU exports while easing U.S. imports, but maintain steep U.S. duties on EU metals. EU lawmakers are seeking legal clarity before proceeding, citing concerns that current U.S. policy risks “customs chaos” and could undermine the agreement.

Feb 22, 2026, 1:49:26 PM UTC(9 hours ago)
Impact: High

Affected Assets

  • The European Union may delay approval of a U.S. trade deal due to concerns over U.S. trade policy under Donald Trump. Bernd Lange plans to pause ratification of the EU–US “Turnberry Agreement” until the bloc receives clear legal assurances regarding U.S. trade practices. This decision follows a U.S. Supreme Court ruling blocking Trump’s emergency tariffs and new plans for global tariffs of up to 15%, which have created uncertainty for EU trade. The proposed deal, negotiated with Ursula von der Leyen, would impose 15% tariffs on most EU exports while easing U.S. imports, but maintain steep U.S. duties on EU metals. EU lawmakers are seeking legal clarity before proceeding, citing concerns that current U.S. policy risks “customs chaos” and could undermine the agreement.
  • The EU may delay approving the "Turnberry Agreement" with the U.S. due to concerns over potential U.S. trade policy under Donald Trump.
  • The deal, negotiated with Ursula von der Leyen, would impose 15% tariffs on most EU exports while easing U.S. imports, but maintain steep U.S. duties on EU metals.
  • This follows a U.S. Supreme Court ruling blocking Trump's emergency tariffs and new plans for global tariffs of up to 15%, creating uncertainty for EU trade.
  • EU lawmakers are seeking legal clarity, citing concerns that current U.S. policy risks "customs chaos" and could undermine the agreement.

Sources

@DeItaone
From:@DeItaone
EU MAY FREEZE U.S. TRADE DEAL APPROVAL ON TRUMP TRIFF ´CHAOS’ Bernd Lange plans to pause ratification of the EU–US “Turnberry Agreement” until the bloc gets clear legal assurances on US trade policy under Donald Trump. The move follows a US Supreme Court ruling blocking Trump’s emergency tariffs, and fresh plans for new global tariffs of up to 15%, creating uncertainty for EU trade. The proposed deal—negotiated with Ursula von der Leyen—would set 15% tariffs on most EU exports while easing US imports, but keep steep US duties on EU metals. EU lawmakers want legal clarity before proceeding, warning current US policy risks “customs chaos” and could undermine the agreement.
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The European Union may delay approval of a U.S. trade deal due to concerns over U.S. trade policy under Donald Trump. Bernd Lange plans to pause ratification of the EU–US “Turnberry Agreement” until the bloc receives clear legal assurances regarding U.S. trade practices. This decision follows a U.S. Supreme Court ruling blocking Trump’s emergency tariffs and new plans for global tariffs of up to 15%, which have created uncertainty for EU trade. The proposed deal, negotiated with Ursula von der Leyen, would impose 15% tariffs on most EU exports while easing U.S. imports, but maintain steep U.S. duties on EU metals. EU lawmakers are seeking legal clarity before proceeding, citing concerns that current U.S. policy risks “customs chaos” and could undermine the agreement. | Foxly Invest