EU Postpones Retaliatory Actions Against US Tariffs
A 90-day postponement has been declared in reaction to the trade policies of the Trump administration.
The European Commission has declared a 90-day postponement in the enforcement of countermeasures against the United States in reaction to tariffs set by the Trump administration.
This choice is intended to facilitate additional negotiations and possible resolutions to trade conflicts between the two parties.
The action impacts a range of products, including steel and aluminum, which have been subject to US tariffs.
The postponement offers a temporary relief from retaliatory actions that might have heightened trade tensions.
The European Commission's decision aligns with a continued effort to tackle trade disparities and discover mutually advantageous solutions.