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EU hails Trump tariff pause as ‘fantastic news’

  • European Commission President Ursula von der Leyen welcomed President Donald Trump's decision to temporarily halt most U.S. Tariffs, describing it as 'an important step towards stabilizing the global economy.'
  • The European Union had approved retaliatory tariffs on $23 billion in goods before Trump's announcement.
  • Von der Leyen did not confirm if the EU would proceed with its retaliatory measures, stating that the EU will assess the situation and consult with member states.
  • Von der Leyen emphasized the EU's commitment to engage in negotiations for 'frictionless and mutually beneficial trade' as Europe aims to emerge stronger from the crisis.
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El Diario Montañes broke the news in on Thursday, April 10, 2025.
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