In response to the 90-day pause in increased tariffs announced today by US President Donald Trump, European Commission President Ursula von der Leyen said the EU would also pause it’s retaliatory tariffs which were announced earlier.
The statement reads:
” We took note of the announcement by President Trump.
We want to give negotiations a chance.
While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for 90 days.
If negotiations are not satisfactory, our countermeasures will kick in.
Preparatory work on further countermeasures continues.
As I have said before, all options remain on the table”.
