IT'S OVER! Europe defies America

February 23, 2026

TL;DR

European Parliament suspends 2025 EU-US trade deal.
Decision prompted by legal uncertainty from US President Trump's actions.
US Supreme Court annulled Trump's tariff decision, citing exceeded authority.
Trump announced and increased tariffs via executive order, bypassing Congress.
EU seeks clear assurances from the US regarding adherence to the agreement.
The trade deal involved a 15% tariff on most EU imports and EU's removal of tariffs on nearly all US industrial goods.
EU committed to significant purchases of US fuel and military equipment.
Parliament's suspension is due to legal uncertainty and potential deviation from agreed terms.
Full implementation requires approval from the European Parliament and member states.

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