European Union to put countermeasures to U.S. tariffs on hold for 90 days
- The European Union announced a 90-day pause on retaliatory tariffs after U.S. President Trump paused some of his tariffs on Europe and other regions, signaling a willingness to negotiate.
- Ursula von der Leyen stated that the delay allows for negotiation opportunities with the U.S. Over tariffs.
- The European Union previously approved tariffs of 10 to 25 percent on $23 billion of U.S. Imports in response to U.S. Metal tariffs.
- European officials emphasized that if negotiations fail, countermeasures will commence, while continuing efforts to strengthen trade alliances.
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European stock exchanges rose sharply after the postponement of tariffs. But another crash on Wall Street. Von der Leyen: 'The EU suspends countermeasures for 90 days'
A breath of fresh air for the markets after Donald Trump's slowdown. Beijing: 'Let's not give in to blackmail, tariffs remain at 84%. '
·Rome, Italy
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Total News Sources385
Leaning Left48Leaning Right44Center129Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
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C 58%
R 20%
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