EU to pause retaliatory tariffs on US

Bloc 'giving negotiations a chance' after Trump announced suspension of duties

The European Union said it will press the pause button on its retaliatory tariffs against the United States just a day after the bloc's member states agreed on the first countermeasures against the US trade war and hours after US President Donald Trump announced a 90-day suspension of "reciprocal tariffs" on most for its trading partners.

European Commission President Ursula von der Leyen said on Thursday that the commission took note of Trump's announcement.

"We want to give negotiations a chance. While finalizing the adoption of the EU countermeasures that saw strong support from our member states, we will put them on hold for 90 days," she said on X. "If negotiations are not satisfactory, our countermeasures will kick in."