Eng English
China 中国人

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
  • Trở lại Thể thao
  • Business
Monday, 23/2/2026 | 11:42 GMT+7

Europe "will not accept increased tariffs" after US court ruling

The European Commission (EC) on 22/2 urged the US to adhere to the bilateral trade agreement reached last year, which set import tariffs at 15%.

The European Commission (EC) is seeking "clear, full" details from Washington regarding its planned actions following a US Supreme Court ruling last weekend. The EC stated that products from the European Union (EU) must continue to benefit from the most competitive policy, without any tariff increases above the clearly agreed-upon ceiling.

Last year's trade agreement established a 15% tariff on European goods entering the US, with exceptions for products subject to specific industry tariffs, such as aluminum and steel. The agreement also allowed for a 0% tariff on certain products, including aircraft and parts. In return, the European Union agreed to lift import tariffs on many US goods and withdrew its threat of retaliatory tariffs.

EC President Ursula von der Leyen speaks in Stockholm, Sweden in 10/2025. Photo: *AFP*

This statement from the EC came two days after the US Supreme Court rejected various import tariffs imposed by President Donald Trump. In response, Trump signed an executive order last weekend imposing temporary 10% tariffs on all trade partners for 150 days. Just one day later, he increased this rate to 15%.

Despite these changes, the US President affirmed that trade and investment agreements with nearly 20 countries would remain in effect. Most tariff rates within these existing agreements are higher than 10%.

The EC, which is responsible for negotiating trade policy on behalf of the 27 member states, emphasized the need for stability. "The current situation does not facilitate the implementation of transatlantic trade and investment in a 'fair, balanced, and mutually beneficial' manner as agreed last year. An agreement is an agreement," the EC stated.

This declaration represents a significantly firmer stance compared to the EC's initial reaction on 20/2. At that time, the body merely stated it was studying the Supreme Court's ruling and maintaining communication with the US administration.

The EC argues that unpredictable tariff policies disrupt and erode confidence in global markets. European Union Trade Commissioner Maros Sefcovic discussed this issue with US Trade Representative Jamieson Greer and US Secretary of Commerce Howard Lutnick on 21/2.

Wendy Cutler, a former US trade official, observed that President Trump's authority has been limited by the Supreme Court's ruling. The temporary tariffs are valid for only 150 days, after which any extension requires Congressional approval. Conversely, new tariffs implemented under different laws would take longer to deploy.

Nevertheless, Cutler believes this development does not end the instability for US trade partners. President Trump's frequent policy changes consistently leave other economies in a reactive position. Cutler explained, "Beyond import tariffs, the President believes that instability also provides significant leverage because everyone is concerned about what he might do."

"Perhaps the most important impact of the Supreme Court's ruling is limiting the President's ability to threaten or use import tariffs as a preferred punitive tool for issues outside the scope of trade," concluded Michael Froman, director of the CFR policy think tank.

Ha Thu (according to *Reuters*)

By VnExpress: https://vnexpress.net/chau-au-se-khong-chap-nhan-thue-tang-sau-phan-quyet-cua-toa-an-my-5043016.html
Tags: import tariffs US tariffs US economy Supreme Court EC Donald Trump Europe

News in the same category

10th foreign bank licensed in Vietnam

10th foreign bank licensed in Vietnam

For the first time in 9 years, the State Bank of Vietnam has granted an establishment license to a 100% foreign-owned bank.

Vingroup and Vietcombank stocks carry the market

Vingroup and Vietcombank stocks carry the market

Shares of Vingroup and Vietcombank increased by 3,5% and 5,7% respectively, pushing the VN-Index 13 points above its reference level, even as over 200 stocks on the exchange declined.

CAEX partners with HashKey to build a digital asset trading platform

CAEX partners with HashKey to build a digital asset trading platform

Vietnam prosperity digital asset exchange joint stock company (CAEX) has formed a technology partnership with HashKey Digital Asset Group to develop a dedicated digital asset exchange for the Vietnamese market.

VCCI: fewer than 2% of business households want to expand operations

VCCI: fewer than 2% of business households want to expand operations

Only 1.8% of business households plan to expand, with over 60% maintaining their current scale, reflecting a state of 'striving for survival' rather than seeking growth.

TTC Land plans to merge with real estate leasing company

TTC Land plans to merge with real estate leasing company

TTC Land expects to acquire Thanh Thanh Nam, a real estate leasing and rest stop company, to secure stable revenue during an unfavorable market period.

Techcombank rolls out offers for 'Gai Con' ahead of Gai Home Concert

Techcombank rolls out offers for 'Gai Con' ahead of Gai Home Concert

Techcombank is offering a 12% discount on tickets, U-Point refunds, and a series of exclusive benefits for its loyal customer program members and 'Gai Con' fans in anticipation of the Gai Home Concert, scheduled for 26/4.

GO! repositions from 'always low prices' to multi-experience

GO! repositions from 'always low prices' to multi-experience

GO! expands its role from a shopping destination to a multi-experience space, catering to customer lifestyles.

National Assembly members: electric vehicle tax should be increased gradually to avoid market 'shock'

National Assembly members: electric vehicle tax should be increased gradually to avoid market 'shock'

Instead of increasing special consumption tax from 3% to 11% after 2030, National Assembly members propose a phased or tiered approach to stabilize the market.

Billionaire Pham Nhat Vuong's assets surpass Jack Ma's

Billionaire Pham Nhat Vuong's assets surpass Jack Ma's

With nearly 35 billion USD in assets, Vingroup chairman Pham Nhat Vuong is currently the 65th richest person globally, surpassing billionaire Jack Ma and Amazon founder Jeff Bezos's ex-wife.

Europe proposes emergency measures to support economy

Europe proposes emergency measures to support economy

The Middle East conflict costs Europe nearly USD 600 million daily, forcing the EU to propose releasing emergency reserves to address energy shortages.

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
FPT Tower, 10 Pham Van Bach Street, Dich Vong Ward,
Cau Giay District, Hanoi, Vietnam
Email: contacts@vnportal.net
Tel: 028 7300 9999 - Ext 8556
Advertise with us: 090 293 9644
Register
© Copyright 2026 vnnow.net. All rights reserved.
Terms of use Privacy policy Cookies