Shafaq News/ On Thursday, the European Union announced a90-day suspension of retaliatory tariffs on US products.
European Commission President Ursula von der Leyen statedon X that the bloc had acknowledged President Trump’s decision to pause newtariffs and intended to “give negotiations a chance.”
“If negotiations are not satisfactory, our countermeasureswill kick in,” she noted, adding that preparations for additional measures areongoing and “all options remain on the table.”
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…
— Ursula von der Leyen (@vonderleyen) April 10, 2025The announcement comes a day after Trump ordered a 90-dayfreeze on new tariffs for most trading partners, while raising duties onChinese imports to 125%.
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