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EU Delays Tariff Deal Amid Legal Concerns and Criticism

1/21/2026

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Story summary
  • On January 21, 2026, EU lawmakers voted 334 in favor, 324 against, with 11 abstentions to delay ratification.
  • The delay follows legal concerns, as the European Court of Justice must rule on the deal's legality.
  • The agreement aims to eliminate over 90% of tariffs on goods, benefiting European and South American economies.
  • German Chancellor Friedrich Merz called the decision "regrettable."
  • Bernd Lange called it "irresponsible" and harmful to economic interests.