EU pauses retaliation after Trump’s tariff pause

CGTN Europe

The EU has hit pause on retaliatory tariffs against the U.S. after Donald Trump announced a 90-day tariff suspension. Both sides aim to negotiate, but tensions remain as economic and political stakes rise.   Will this truce lead to lasting trade solutions?    #EUTariffs  #Trump  #TradeTalks  #Economy  #GlobalNews

Transcript

00:00The European Union wants to give negotiations a chance. That's why it announced that it is

00:06suspending for a period of 90 days the tariffs that it planned to impose on the United States.

00:13Now, all of this comes after President Donald Trump did the same by suspending tariffs for

00:19the bloc and also other countries for the same period of time. Now, the taxes, the tariffs that

00:26the EU had planned to implement, they were designed to hurt politically and economically

00:32at the states where President Donald Trump has his base. However, now this plan is now on hold.

00:41And the president of the European Commission said that it will remain on hold unless the

00:49negotiations are not satisfactory.

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