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The EU has suspended its retaliatory 25 percent tariffs on US goods for 90 days after Donald Trump’s dramatic climbdown in his trade war.
The president of the European Commission, Ursula von der Leyen, said the EU would put on hold for 90 days the countermeasures — 25 percent tariffs on €21 billion ($23.4 billion) of US goods — that it had agreed on Wednesday. “We want to give negotiations a chance,” she said. “If negotiations are not satisfactory, our countermeasures will kick…
