ICYMI - EU delays retaliation against Trump tariffs for six months ...Middle East

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ICYMI - EU delays retaliation against Trump tariffs for six months

The European Union will delay its planned retaliatory tariffs against the U.S., originally set to begin Thursday, as part of a deal reached between President Trump and European Commission President Ursula von der Leyen.

Following weeks of trade talks, the EU has agreed to a six-month suspension of its countermeasures in a move seen as a concession to ease transatlantic trade tensions. An EU trade spokesperson said the 27 July agreement aimed to restore stability and predictability for businesses and citizens. The formal pause is expected to take effect on Tuesday, as both sides work toward finalising a Joint Statement on trade. This article was written by Eamonn Sheridan at investinglive.com.

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