💨 Abstract

European Commission President Ursula von der Leyen announced that the EU will temporarily pause its countermeasures against US tariffs for 90 days to allow negotiations. This decision comes after US President Donald Trump announced a 90-day pause on reciprocal tariffs for over 75 countries. Von der Leyen called this a necessary move to stabilize the global economy. If negotiations are not satisfactory, EU countermeasures will be implemented.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖