European Union to put countermeasures to U.S. tariffs on hold for 90 days
- The European Union will suspend new tariffs on $23 billion of U.S. Goods for 90 days to align with President Donald Trump's tariff pause for negotiations.
- President Donald Trump imposed a 20% tariff on EU goods but paused this to facilitate trade talks.
- European Commission President Ursula von der Leyen stated the EU wants to give negotiations a chance, warning that countermeasures will resume if talks are unsatisfactory.
- The EU aims to strengthen its trade ties globally and reported that 4.4 billion euros in goods and services are traded daily with the U.S.
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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
58% Center
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C 58%
R 20%
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