The EU Parliament's trade committee will probably postpone the approval of the trade agreement with the US when they meet on Monday. This is according to the vice-president of the EU Parliament, Christel Schaldemose.
- I generally think that we should be someone you can count on. So when we have made an agreement, we should keep it. But the other side does not. So it is fair enough to pause the agreement while we find out what is up and down in this, says Christel Schaldemose.
The announcement comes after US President Donald Trump has created new uncertainty about the agreement, which was otherwise made with the EU in August. Here, the parties agreed on a 15 percent tariff on European goods.
However, the US Supreme Court ruled on Friday by a vote of six to three that Trump did not have the authority to impose the global tariffs that shook global trade last year.
Trump's reaction to the Supreme Court ruling was to take the tariff hammer out of the drawer once again. First, he announced a global tariff of ten percent on imported goods, before raising the tariff to 15 percent on Saturday.
This has prompted the chairman of the European Parliament's trade committee, Bernd Lange, to propose suspending the implementation of the EU's customs agreement with the United States, because it is unclear whether the United States will still comply with the agreements that have been made.
- Before further steps can be taken, we need clarity and legal certainty, said Lange, a member of the European Parliament from Germany, on Sunday, according to the German news agency dpa.
Based on conversations with other members of the European Parliament, Christel Schaldemose expects Lange to receive support at the meeting. The trade agreement with the United States will only be finally approved by the EU when the European Parliament says yes. The European Parliament was supposed to have voted on the agreement at a meeting on Tuesday.
/ritzau/
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