EU Warns Trump: Keep Trade Promises or Face Market Closure

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News18•22-02-2026, 22:26
EU Warns Trump: Keep Trade Promises or Face Market Closure
- •US Supreme Court curbed Trump's 'arbitrary tariff policies', leading to new 15% baseline tariffs.
- •European Union issues ultimatum to US, demanding adherence to trade agreements.
- •The 'Turnberry Agreement', a major trade deal, is now at risk due to Trump's actions.
- •Europe had promised $750 billion in oil/gas, $600 billion investment, and defense purchases.
- •EU threatens to use 'Anti-Coercion Instrument', potentially blacklisting US companies and closing its market.
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