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EU Suspends Retaliatory 25% Tariffs on US Goods After Trump U-Turn

European Commission president Ursula von der Leyen said, ‘If negotiations are not satisfactory, our countermeasures will kick in,’ underscoring that the retaliatory tariffs are on hold for 90 days.
European Commission.
Until July the EU will face a 10 percent duty on exports to the US, rather than the 20 percent “reciprocal tariff” rate that was in force for a matter of hours. (Shutterstock)

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