EU loses patience following Trump’s latest tariff threat

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illuminem summarises for you the essential news of the day. Read the full piece on POLITICO or enjoy below:

🗞️ Driving the news: The European Commission is demanding “full clarity” from Washington after President Trump announced a new 15% global tariff
• The tarrif was announced just one day after the U.S. Supreme Court struck down his previous tariff regime. Brussels warned the situation is undermining trust in transatlantic trade

🔭 The context: Trump is now invoking Section 122 of the 1974 Trade Act, allowing temporary tariffs of up to 15% for 150 days
• The move casts uncertainty over the EU-U.S.
• “Turnberry Agreement”, which included tariff reductions on industrial goods and lobster, was struck last summer
• European Parliament trade chair Bernd Lange has called for suspending ratification of the deal

🌍 Why it matters for the planet: Trade instability can disrupt global supply chains, including those for clean technologies such as renewables, batteries and low-carbon industrial goods
• Unpredictable tariffs risk slowing climate-aligned investment, raising costs for green infrastructure, and fragmenting cooperation at a time when coordinated climate and energy transitions are critical

⏭️ What’s next: EU lawmakers meet Monday to decide whether to pause ratification. Legal assessments and fresh negotiations may follow if Washington does not clarify its position

💬 One quote: “The current situation is not conducive to delivering fair, balanced, and mutually beneficial transatlantic trade.” — European Commission

📈 One stat: The EU could face an effective tariff rate of 12.5%, up roughly 0.8 percentage points under the new regime

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