EU Freezes US Trade Deal on Tariff Uncertainty
Get caught up.
US President Donald Trump speaks during an angel families remembrance ceremony in the East Room of the White House in Washington, DC, US, on Monday, Feb. 23, 2026.
Photographer: Al Drago/BloombergGeopolitical trade tensions are once again running high with the European Union freezing the ratification process of its agreement with the United States.
Since the US Supreme Court struck down US President Donald Trump’s use of emergency-powers law to impose tariffs, there has been confusion over the many trade deals that had been reached globally.