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Friday, April 18, 2025

European Union Pauses Countermeasures On US Tariffs For 90 Days

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European Commission President Ursula von der Leyen announced on Thursday that the European Union (EU) will suspend its countermeasures against US tariffs for 90 days, giving trade negotiations a chance to progress. However, she cautioned that if the discussions fail to yield satisfactory results, the EU will proceed with its planned retaliatory measures.

In a statement shared on social media, von der Leyen acknowledged US President Donald Trump’s decision to pause reciprocal tariffs for multiple countries and reiterated the EU’s commitment to dialogue.

Her remarks came in response to US President Donald Trump’s decision to pause reciprocal tariffs for over 75 countries currently in trade discussions with Washington. The move was seen as an effort to stabilize global trade dynamics. Among the affected nations is India, which has opted for diplomatic dialogue instead of retaliatory actions against US trade policies.

Von der Leyen welcomed Trump’s announcement, describing it as a necessary step toward maintaining economic stability. With the 90-day window now open, all eyes will be on the negotiations between the EU and the US to determine whether a resolution can be reached or if the trade standoff will escalate further.

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