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  • EU pauses US tariffs for 90 days following Trump’s hold

    04/10/2025 6:06:07 AM PDT · by ChicagoConservative27 · 7 replies
    NY Post ^ | 04/10/2025 | Reuters
    The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties he had just imposed on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday. The bloc was due to launch counter-tariffs on about 21 billion euros ($23.25 billion) of U.S. imports from next Tuesday in response to Trump’s 25% tariffs on steel and aluminium. It is still assessing how to respond to U.S. car tariffs and the broader 10% levies still in place. “We want to give negotiations a chance,” von der Leyen said on X....