Trump tariffs highlights: EU asks US to honour trade pact signed last year, says ‘a deal is a deal’

The European Commission called on Sunday for the US to abide by the terms of the trade deal struck with the EU last year, as American President Donald Trump announced 15 per cent global tariffs a day after the Supreme Court rejected his levies as 'unlawful'.

"A deal is a deal," said a commission statement. "As the United States' largest trading partner, the EU expects the US to honour its commitments set out in the Joint Statement -- just as the EU stands by its commitments," it added.

"The European Commission requests full clarity on the steps the United States intends to take following the recent Supreme Court ruling on the International Emergency Economic Powers Act (IEEPA)," the Commission stated.

Trump tariffs live updates: The European Union's executive arm requested "full clarity" from the United States and asked its trade partner to fulfill its commitments after the US Supreme Court struck down some of President Donald Trump's most sweeping tariffs.

Trump has lashed out at the court decision and said Saturday that he wants a global tariff of 15 per cent, up from the 10 per cent he announced a day earlier.

The European Commission said the current situation is not conducive to delivering "fair, balanced, and mutually beneficial" trans-Atlantic trade and investment, as agreed to by both sides and spelled out in the EU-US Joint Statement of August 2025.

Via AP

Trump tariffs live updates: Congress leader Jairam Ramesh on Sunday criticised the government over the India-US trade deal and questioned it for not waiting for the SCOTUS ruling on the case.

Trump tariffs live updates: Amid the uncertainty that looms over the trade deals that the US has signed with other countries, the European Commission on Sunday said the US must honour the commitments of the trade deal struck last year. A deal is a deal. As the United States' largest trading partner, the EU expects the US to honour its commitments set out in the Joint Statement -- just as the EU stands by its commitments," said a commission statement.

via AFP

Trump tariffs live updates: Amid EU trade chief's X post calling developments surrounding Trump's tariff as ‘pure chaos’, US trade boss Jamieson Greer on Sunday said that he is in talks with countries that had reached tariff deals with the US and none had indicated plans to withdraw after Friday's Supreme Court decision to strike down a large swath of President Donald Trump's tariffs.

Greer said he had already spoken with his counterpart from the European Union and would be speaking with officials from other countries. "I haven't heard anyone yet come to me and say the deal is off," Greer reportedly said during CBS's "Face the Nation" program.

via Reuters

Trump tariffs live updates: A Swiss official on Sunday said that Switzerland should prepare for the likelihood that US tariffs will remain in place permanently. "I suspect we will have to come to terms with U.S. tariffs," the head of the State Secretariat for Economic Affairs (SECO), Helene Budliger Artieda of SECO was quoted as saying.

Trump tariffs live updates: The US Supreme Court's rejection of Trump's global tariffs and Trump's response with a 15% global tariff has put questions on the future of the India-US trade deal for which the officials from New Delhi and Washington were scheduled to finalise the legal text in US next week. While the Reuters reported that the talks on the deal have been delayed, ANI reported that India's chief negotiator will reschedule his US visit. "The two sides are of the view that the proposed visit of Indian Chief Negotiator and the team be scheduled after each side has had the time to evaluate the latest developments and its implications. The meeting will be rescheduled at a mutually convenient date," ANI quoted commerce ministry sources as saying.

Trump tariffs live updates: The US Supreme Court's move to reject President Trump's global tariffs on Friday was a setback for the POTUS who had some strong reactions to the development. He launched extraordinary personal attacks on the conservative justices who sided with the majority as he slammed their "disloyalty" and called them "fools and lap dogs." When the court gave its verdict, Trump was at a working breakfast with state governors and several news outlets reported that Trump was infuriated as he ranted against the court calling it disgrace and saying “these f****ng* courts”.

Trump tariffs live updates: Taking a potshot at the Modi government over the interim US trade deal, the Congress said it was reflective of "Abki baar Trump se haar" and must be put in "cold storage" in view of the confusion following the US Supreme Court's verdict rejecting Trump's sweeping global tariffs.

Congress leader Jairam Ramesh said the terms of the framework for the interim agreement must be renegotiated and the clause talking about import liberalisation, especially of agricultural products, must be scrapped.

via PTI

Trump tariffs live updates: Following the US court's quashing of Trump's global tariffs and Trump's response with a 15% tariff has led to the delay of India-US trade talks that were scheduled for the next week, Reuters reported, quoting commerce ministry sources. The officials from India and the US were supposed to finalise the legal text of the deal next week in Washington. However, the developments related to Trump's tariff move has put a pause on the talks.

Trump tariffs live updates: The European Parliament’s trade chief will propose freezing the ratification process of the European Union’s trade deal with the US until they’ve received details from President Donald Trump’s administration on its trade policy, Bloomberg reported.

Chairman of the parliament’s trade committee, Bernd Lange, said that he’ll propose suspending legislative work on approving the so-called Turnberry Agreement at an emergency meeting on Monday “until we have a comprehensive legal assessment and clear commitments from the US.”

“Pure customs chaos on the part of the US government,” Lange wrote on social media Sunday. “Nobody can make sense of it anymore – only unanswered questions and growing uncertainty for the EU and other US trading partners.”

Trump tariffs live updates: Australia’s government said it will “examine all options” after US President Donald Trump imposed a 15% tariff on imports from abroad.

“We have consistently advocated against these unjustified tariffs,” Australian trade minister Don Farrell said in a statement Sunday. “We are working closely with our Embassy in Washington to assess the implications and examine all options.”

Trump announced the 15% rate a day after unveiling a 10% global tariff on overseas goods on Friday. Both moves followed a US Supreme Court ruling that the method he used earlier to impose tariffs was unlawful. Under that system, Australia had been assigned the baseline tariff of 10%.

Trump tariffs live updates: German Chancellor Friedrich Merz said Saturday he would speak with European partners to shape "a very clear European position" and a joint response to Washington before his visit to the US capital in early March.

The decision against the global tariffs was a sharp rebuff from the US Supreme Court and marked a major political blow, as it struck down a key part of Trump’s flagship economic policy that has unsettled the global trade order.

Trump tariffs live updates: Congress leader Pawan Khera on Saturday criticised the Centre over the India-US interim trade deal, claiming that despite talk of a "masterstroke," India is facing an effective tariff load of 18.4 per cent.

In a post on X, Khera said, "All pain, no gain. khaayaa piyaa kuch nhiiN, glaas todd'aa baarh aanaa After all the 'masterstroke' claims and clamour, India once again ends up with an effective 18.4% tariff burden. It is 15% 3.4% (average MFN rate) = 18.4%."

The India-US trade agreement has left India carrying an effective tariff of 18.4%, drawing criticism over the concessions made to the United States. Pawan Khera described the deal as "all pain, no gain," adding that countries such as Brazil chose not to hurry into an agreement and are now vindicated.

Trump tariffs live updates: The European Union has the means to respond to the United States over its latest tariffs, France's trade minister Nicolas Forissier told the Financial Times on Saturday.

"Should it become necessary, the EU has the appropriate instruments at its disposal," Forissier told the FT.

The newspaper, citing French officials, reported that possible EU action could involve measures such as the "trade bazooka", known as the anti-coercion instrument (ACI), which could target US technology firms.

It said the ACI allows a wide set of steps, ranging from export controls and tariffs on services to barring US companies from EU public procurement contracts.

Trump tariffs live updates: The proposed 18% reciprocal tariff on Indian goods in the US market, announced earlier this month, may now be irrelevant after the US Supreme Court’s ruling. However, both sides remain committed to finalising a “mutually beneficial” interim trade deal in line with the India-US joint statement, while taking into account the changed situation, people familiar with the matter said.

For India, the current reciprocal tariff of 25% would be reduced to 15%, instead of 18% as agreed in a February 7 joint statement, after the US Supreme Court struck down the legal basis for the higher levy. Read full story here.

Trump tariffs live updates: The European Union has the means to respond to the United States over its latest tariffs, France's trade minister Nicolas Forissier told the Financial Times on Saturday.

Forissier said Paris was holding discussions with EU partners and the European Commission after US President Donald Trump decided to impose a flat global tariff of 10% following a US Supreme Court ruling that many of the tariffs he had earlier placed on trading partners were unlawful.

"Should it become necessary, the EU has the appropriate instruments at its disposal," Forissier told the FT.

Trump tariffs live updates: Australia’s government said it will “examine all options” after US President Donald Trump imposed a 15% tariff on imports from abroad.

“We have consistently advocated against these unjustified tariffs,” Australian trade minister Don Farrell said in a statement Sunday. “We are working closely with our Embassy in Washington to assess the implications and examine all options.”

Trump tariffs live updates: Brazil's President Luiz Inacio Lula da Silva on Sunday called on Donald Trump to treat every nation fairly after the US leader imposed an extra 10 percent tariff on imports following a Supreme Court decision that struck down most of his global tariffs.

"I want to tell the US President Donald Trump that we don't want a new Cold War. We don't want interference in any other country, we want all countries to be treated equally," Lula told reporters in New Delhi.

Trump tariffs live updates: Trump’s latest move adds to the uncertainty following the Supreme Court ruling on Friday and his following countermeasures.

Last year, India faced 25 per cent reciprocal tariffs from the United States. That rate was later increased to 50 per cent after Trump imposed an additional 25 per cent duty over New Delhi’s Russian oil imports, which the White House said “fueled the war in Ukraine.”

In February 2026, Trump announced a reduction in “reciprocal” tariffs on India to 18 per cent after the two countries agreed on a framework for an interim trade deal.

The Supreme Court’s decision would have implied a rollback to pre-Trump levy levels of around 3.5 per cent.

With Trump now proposing a 15 per cent global tariff, India’s effective tariff rate would stand at 18.5 per cent, a marginal change from the 18 per cent agreed earlier this month.

Trump tariffs live updates: After Supreme Court justices nodded to a ruling against “illegal” tariff imposition by the US President on Friday, he criticsed them, terming them a ‘disgrace to the nation’.

He also said he felt "ashamed" of members of the court he considered conservative who had voted against his use of emergency powers.

Trump tariffs live updates: Friday’s court ruling did not affect the sector-specific duties Trump had separately imposed on steel, aluminium and several other goods. Ongoing government investigations could still result in more tariffs targeting particular sectors.

Even so, it was Trump’s biggest setback at the Supreme Court since he returned to the White House 13 months ago. The court has usually expanded his authority.

Trump tariffs live updates: Trump launched a sharply personal attack on the Supreme Court judges who ruled against him in a 6-3 decision, including two he appointed during his first term, Justices Neil Gorsuch and Amy Coney Barrett. Speaking at a news conference on Friday, Trump said about the two justices: "I think it's an embarrassment to their families."

He remained angry later Friday night, posting on social media criticising Gorsuch, Coney Barrett and Chief Justice John Roberts, who sided with the majority and wrote the main opinion. On Saturday morning, Trump shared another post calling his "new hero" Justice Brett Kavanaugh, who wrote a 63-page dissent. He also praised Justices Clarence Thomas and Samuel Alito, who were in the minority, and said about the three dissenting justices: "There is no doubt in anyone's mind that they want to, MAKE AMERICA GREAT AGAIN!"

Trump tariffs live updates: In a social media post on Saturday, Trump said he would use the 150-day window to prepare other "legally permissible" tariffs. The administration plans to depend on two separate laws that allow import duties on certain goods or countries after probes into national security concerns or unfair trade activity.

"I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been 'ripping' the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level," he wrote in a Truth Social post.

The Section 122 tariffs provide exemptions for selected items such as critical minerals, metals and energy products, the White House said.