EU postpones vote on U.S. trade deal after Trump's latest tariff threat
CNBC Television
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February 23, 2026 at 04:45 PM UTC
Bearish
85% Confidence
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Key Points
- President Trump threatened higher tariffs (15% from 10%) on countries that 'play games' with a recent Supreme Court decision regarding U.S. tariff authority.
- The EU Parliament postponed a vote on a U.S. trade deal, which was scheduled for this week, in response to Trump's tariff threats.
- A White House official stated the U.S. expects countries to uphold existing agreements despite tariff uncertainty.
AI Summary
The EU has postponed a vote on a U.S. trade deal following President Trump's threat of higher global tariffs, despite a Supreme Court decision limiting his authority. This move signals escalating trade tensions and uncertainty, with EU officials calling it 'pure tariff chaos' and expressing concerns about future trade relations.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 85% |
| Consensus | Bearish | 85% |