US Trade Chief Confirms No Countries Plan to Withdraw from Tariff Deals

Financial outlets focus on the risk that a future US administration could raise tariffs above 15%, prompting EU and UK retaliation and freezing new trade deals. They highlight the European Parliament’s decision to delay the US trade deal vote and the UK’s warning of possible counter-tariffs as signs that trade flows and corporate supply chains could be hit. They expect investors to watch US court rulings and election signals closely, as these will shape whether the 15% cap holds or a broader tariff fight returns.

• •The European Parliament’s decision to postpone the US trade deal vote increases uncertainty for exporters on both sides of the Atlantic.
• •The UK warning that retaliation is an option signals possible higher duties on US goods if Washington breaks the 15% cap.
• •EU and UK concerns over Trump-era tariffs are seen as a direct risk to transatlantic trade volumes.
• •Taiwan’s request for assurances on its tariff deal shows Asian partners also fear sudden US policy shifts.
• •Markets are watching whether US political changes will lead to higher tariffs on European and Asian imports.