BERLIN, Feb 20 (Reuters) - Germany's BDI industry federation on Friday called on the European Union to quickly seek clarity from the United States on the consequences for a transatlantic trade deal
German Industry Urges EU-US Trade Clarity After Supreme Court Tariffs Ruling
BDI Seeks Clarity on EU-US Trade After Tariff Ruling
BERLIN, Feb 20 (Reuters) - Germany's BDI industry federation on Friday called on the European Union to quickly seek clarity from the United States on the consequences for a transatlantic trade deal after a U.S. Supreme Court ruling struck down President Donald Trump's global tariffs.
Industry Response and Planning Security
While calling the ruling "a strong signal for the rules-based trade order," BDI board member Wolfgang Niedermark said in a statement that companies need planning security and that remaining uncertainty would continue to burden them.
IEEPA Authority Exceeded
Supreme Court Decision Overview
The call came after the court, in a 6-3 decision, ruled that Trump had exceeded his authority by using the International Emergency Economic Powers Act to impose the duties.
Expected US Policy Moves
The BDI said it expects the U.S. administration to explore alternative ways to continue existing tariffs or introduce similar protective measures.
Reporting and Editing Credits
(Reporting by Kirsti Knolle, Editing by Linda Pasquini)
