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News in English (USA) / 11.04.2025 / 11:00

EU Announces Temporary Tariff Pause Amid Ongoing Trade Tensions with the U.S.

The European Union has decided to put its planned retaliatory tariffs on hold for 90 days, coinciding with a similar move by President Trump, in an effort to facilitate trade negotiations. EU leaders, including Ursula von der Leyen, have indicated that while they are hopeful for a resolution, they remain prepared to impose new taxes on U.S. tech giants and enact retaliatory measures if talks fail. The EU has been actively brainstorming strategies to prevent or prepare for potential U.S. tariffs, as they navigate a complex trade landscape marked by uncertainty. Member states are supportive of countermeasures against U.S. tariffs, and the EU aims to balance the need for negotiations with readiness to respond firmly to U.S. trade actions.
Reuters, politico.eu, Bloomberg.com, x.com, Financial Times, The Guardian, CNBC, The Economist, The Information, The New York Times