EU Grants 90-Day Truce on US Tariffs to Renew Talks

EU Grants 90-Day Truce on US Tariffs to Renew Talks

The European Union has announced that it will temporarily suspend the retaliatory tariffs on US goods that were imposed in response to the United States’ decision to impose tariffs on European products. The move comes as a reaction to the suspension of the US tariffs by President Donald Trump. EU President Ursula von der Leyen has stated that the decision to suspend the retaliatory tariffs is intended to give the ongoing trade negotiations between the US and the EU a chance to succeed. More details are expected to be released soon.