Free Republic

Komisar von der Leyen informs the union members that she has decided to pause the retaliation tariffs against the USA, based on the 90-day pause announced by President Trump. However, in actuality there’s not much difference even within the pause as the German/EU autos are still tariffed (25%) and the steel and Aluminum tariffs’ (25%) still apply. The only gain from yesterday’s modification in the global tariff regime for the EU was a switch from 20% EU tariff to a baseline 10% tariff during the pause. The total EU relief is 10% for 90-days; but that was enough for Komrade...