Cyprus Times

EU Pauses Trade Deal with US Amidst Tariff Concerns

Published February 23, 2026, 17:06
EU Pauses Trade Deal with US Amidst Tariff Concerns

The European Parliament has paused the ratification of its trade agreement with the United States, awaiting clear assurances from the American side that it respects the terms of the agreement. This decision comes after the US Supreme Court overturned President Trump's use of emergency powers to impose tariffs. European officials are seeking clarity regarding the future US tariff policy, as Trump's statements about imposing new tariffs are creating uncertainty. This delay prolongs an already lengthy process for the agreement and may worsen transatlantic relations.