GALWAY, IRELAND–February 27, 2026–Written by Martin Lynch, European News
Editor for Industrial Info (Galway, Ireland)–Europe has pressed pause on a vote to ratify the wide-ranging European Union (EU)/U.S. Trade Deal agreed last year following threats by President Donald Trump to impose a global 15% tax after the U.S. Supreme Court ruled that his tariffs are illegal. The wide-ranging trade deal was agreed at the last minute in July to avoid a 30% tariff on a range of EU goods and includes a three-year commitment by Europe to buy US$750 billion worth of U.S. oil and gas–including LNG–alongside nuclear fuel and semiconductors.
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