Explainer: Does Trump's new 'surcharge' make EU worse off than under trade deal?
Reuters·2026-02-26 17:25
BRUSSELS, February 26 - The EU has demanded that the United States stick to the terms of a trade deal they agreed last year after the U.S. Supreme Court struck down President Donald Trump's global tariffs and he responded with a new, across-the-board "import surcharge".WHAT ARE THE TERMS OF THE 'TURNBERRY DEAL'?Trump and European Commission President Ursula von der Leyen concluded a deal at Trump's Turnberry golf course in Scotland last July. Sign up here.It set a broad 15% U.S. tariff for most EU exports ...