BRUSSELS (CN) — European lawmakers pulled the plug Monday on a vote to ratify the EU-U.S. Turnberry trade agreement, saying Trump’s new tariff orders had already pushed duties on a chunk of European goods above what the two sides agreed — and the path forward is anyone’s guess.
The Turnberry Agreement, struck in July 2025 at a summit in Scotland, set a 15% tariff on EU goods entering the United States in exchange for Brussels dropping duties on U.S. industrial exports. It was designed to end a transatlantic trade war that erupted after Trump imposed sweeping tariffs on European goods using emergency powers. The Supreme Court ruled Friday those emergency tariffs were illegal.
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