EU halts countermeasures against US tariffs for 90 days

ANI April 10, 2025 179 views

The European Union has strategically paused its planned countermeasures against US tariffs, signaling a diplomatic approach to ongoing trade tensions. European Commission President Ursula von der Leyen emphasized the importance of negotiations and maintaining clear trade conditions. This move follows Trump's announcement of a 90-day tariff suspension for over 75 countries engaged in trade discussions. The decision reflects a mutual interest in preventing escalating economic confrontations and exploring potential collaborative trade solutions.

"We want to give negotiations a chance" - Ursula von der Leyen, European Commission President
Brussels, April 10: European Commission President Ursula von der Leyen on Thursday stated that the EU will pause its countermeasures against the US tariffs for 90 days to give "negotiations a chance."

Key Points

1

EU halts retaliatory tariffs to promote global economic stability

2

Trump announces 90-day pause for trade negotiations

3

Potential for zero-for-zero tariff agreement remains open

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Diplomatic dialogue prioritized over immediate economic confrontation

She further warned that countermeasures will kick in if "negotiations are not satisfactory."

Sharing a post on X, von der Leyen wrote, "We took note of the announcement by President Trump. We want to give negotiations a chance. While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for 90 days."

"If negotiations are not satisfactory, our countermeasures will kick in. Preparatory work on further countermeasures continues. As I have said before, all options remain on the table," the post added.

https://x.com/vonderleyen/status/1910278392349327628

Earlier, von der Leyen welcomed US President Donald Trump's announcement to pause reciprocal tariffs for dozens of countries, calling it a necessary move to help stabilise the global economy.

"I welcome President Trump's announcement to pause reciprocal tariffs. It's an important step towards stabilising the global economy," von der Leyen posted on X.

"Clear, predictable conditions are essential for trade and supply chains to function. Tariffs are taxes that only hurt businesses and consumers. That's why I've consistently advocated for a zero-for-zero tariff agreement between the European Union and the United States," she added.

Notably, Trump had said the United States would implement a 90-day pause on reciprocal tariffs for more than 75 countries currently engaged in trade discussions with Washington. These countries, including India, have reportedly refrained from retaliating against US trade policies and have requested dialogue through various US departments such as Commerce, Treasury, and the United States Trade Representative (USTR)

"Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125 per cent, effective immediately," Trump wrote on Truth Social amid intensifying trade tensions between the two nations as China imposed an additional import levy on American goods, imposing an 84% tariff from Thursday.

"Conversely... I have authorised a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10 per cent, also effective immediately," the post added.

Reader Comments

M
Michael T.
Finally some common sense in trade negotiations! Giving diplomacy a chance is always better than rushing into retaliatory measures. Hope both sides can find a balanced solution. 🤝
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Sophia K.
I appreciate von der Leyen's approach, but I'm concerned about the 125% tariff on China. Won't this just make everything more expensive for consumers? Feels like we're all caught in the middle of this trade war.
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James L.
"Tariffs are taxes that only hurt businesses and consumers" - couldn't agree more! Free trade benefits everyone in the long run. Glad to see some temporary de-escalation.
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Anna P.
The EU is showing maturity here. While I understand the need to protect European industries, we should exhaust all diplomatic options first. 90 days is reasonable to test the waters.
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Thomas R.
Respectful criticism: I think the EU is being too soft here. We should maintain our countermeasures as leverage during negotiations. Trump only understands strength in trade talks.
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Emma S.
Interesting move! The 90-day pause gives businesses some breathing room. Hope they can sort this out before the holiday season - last thing we need is more price hikes. 🛒

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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Tags:
EU Trade Policy Ursula von der Leyen Donald Trump International Trade Tariff Negotiations
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