Renew Europe has welcomed the US Supreme Court ruling declaring parts of the tariffs imposed by the Trump administration unlawful, while warning that the situation demands careful and rigorous analysis before any further steps are taken on the Turnberry agreement. President Trump's announcement of new retaliatory duties of 10 and “finally” 15% in response to the ruling adds a fresh layer of uncertainty to an already volatile trade environment. Renew Europe believes this rapidly shifting landscape made necessary to suspend the tariff reduction laws of the Turnberry agreement until greater clarity is restored. The EU cannot afford a trade policy conducted in chaos. Our businesses and our workers need stability and predictability - neither of which the Trump administration is currently providing. Trade cannot be used as a puppet in the hands of one of the world's most powerful economic players. We expect Washington to bring coherence and consistency to its trade policy before the EU move on with its implementation. MEP Karin Karlsbro (Liberalerna, Sweden), Renew Europe's coordinator and vice chair on the International Trade Committee, said: |