EU Postpones Countertariffs On US Products Until Mid-July

The European Union (EU) has suspended the application of planned special tariffs on US products in the trade conflict with Washington until July 14.

German News Agency reported that the EU published a notice in the EU Official Journal that European Commission President Ursula von der Leyen had announced last week that the measure, which was earlier planned for mid-April, would be suspended for around three months.

The postponement is a reaction to the actions of US President Donald Trump who had unexpectedly decided to grant many countries a 90-day break from certain tariffs.

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