EU says US must honor a trade deal after court blocks Trump tariffs
The European Union’s executive branch has called on the United States to provide “full clarity” and honor its trade commitments after the US Supreme Court invalidated parts of President Donald Trump’s broad tariff measures.
Trump criticized the ruling and said on Saturday that he now wants a 15% global tariff, increasing the rate from the 10% he announced a day earlier.
The European Commission said the current circumstances do not support “fair, balanced, and mutually beneficial” transatlantic trade and investment, as outlined in the EU–US Joint Statement of August 2025. Officials noted that both sides had agreed to those principles.
Last year, American and EU negotiators finalized a trade arrangement that applies a 15% import duty to 70% of European goods entering the United States. The European Commission manages trade policy on behalf of the EU’s 27 member states.
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"Nothing wrong with 15% as far as India is concerned. India would have been happy to have a signed deal at 18% and for now it is 15%," he said in a social media post on X. "There were more than 90 countries which had a 10% tariff and I guess they will all be at 15% for now. Some of them are Australia, UK, Singapore, UAE who had 10% tariff before and will now be at 15%," he added.
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India remains in a strong position despite recent changes to the US tariff regime, according to Chandrima Chatterjee, Secretary General of the Confederation of Indian Textile Industry (CITI).
The US Supreme Court on Friday struck down a huge chunk of President Donald Trump's far-reaching tariff agenda, delivering a major rebuke of the president's key economic policy. The majority ruled 6-3 that the law undergirding those import duties "does not authorize the President to impose tariffs."
In response, Trump announced a sweeping new 10% global tariff across all trading partners, marking what he signaled as the next phase of his trade strategy after the Supreme Court blocked his previous tariff authority. The president also defended the India trade arrangement, calling it fair and reiterating that the United States will not face duties under the pact.
Speaking to ANI, Chatterjee said the industry is assessing how these developments impact the India-US Bilateral Trade Agreement (BTA), under which India had enjoyed some preference over competitors. "We were at 18% vis-a-vis some of our competitors being at 19 or 20%. But even if that marginal competitive edge goes with this global 10%, I think India is in a good position," she said.
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'Mexico studying impact of new tariff': Mexico on Trump's announcement
Mexico's government is studying the possible effects of a 10-percent general tariff announced Friday by US President Donald Trump, Mexican Economic Minister Marcelo Ebrard said.
"First, we're going to see what measures we can take to determine how this will affect our country," Ebrard said.
The announcement from the Republican Trump came in the wake of a ruling by the US Supreme Court that deemed the president had exceeded his authoritity by imposing tariffs as if it were a national emergency. (AFP)
Germany seeks clarifications from Washington after US SC's tariff ruling
Germany said Friday it was in "close contact" with the US and wanted "stability" in trade links, after the Supreme Court ruled illegal most of President Donald Trump's tariffs on foreign trade.
The government "has noted the decision of the Supreme Court. We remain in close contact with the American government to obtain clarifications on the next steps to take to guarantee stability and predictability in commercial relations," said a government spokesman in a statement sent to AFP.
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