EU suspends retaliatory 25% tariffs on US goods after Trump U-turn
by Jennifer Rankin in Brussels and Sam Jones in Madri from World news | The Guardian on (#6WH8X)
We want to give negotiations a chance,' says Ursula von der Leyen in announcement of 90-day pause
The EU has suspended its retaliatory 25% tariffs on US goods for 90 days after Donald Trump's dramatic climbdown in his trade war.
The president of the European Commission, Ursula von der Leyen, said the EU would put on hold for 90 days the countermeasures - 25% tariffs on 21bn (18bn) of US goods - that it had agreed on Wednesday. We want to give negotiations a chance," she said. If negotiations are not satisfactory, our countermeasures will kick in."
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