EU Keeps US Trade Deal Frozen Over Tariff Uncertainty

The European Union’s trade deal with the US will stay frozen after the European Parliament decided to keep its ratification paused in the wake of a court ruling invalidating President Donald Trump’s global tariffs.

Top EU lawmakers on the parliament’s trade committee made the choice on Wednesday, saying they wanted more information from Washington about how it will preserve a 15% ceiling on most EU products — a level both sides agreed to in last summer’s trade pact. Parliament initially halted ratification several days after the ruling.