Europe Puts Tariffs on Hold to Reopen Trade Talks with U.S.
Brussels has decided to hold off on retaliatory trade actions against the United States, opting instead to open a temporary window for diplomacy.
The European Commission’s move, announced by President Ursula von der Leyen last week, formally takes effect tomorrow and is aimed at de-escalating tensions surrounding American tariffs on European steel and aluminium.
This 90-day suspension puts a freeze on planned EU duties targeting €21 billion worth of US goods, mirroring Washington’s own decision to delay its reciprocal tariffs for the same period. The hope is that the pause will create a more constructive environment for negotiations.
In a bid to capitalize on the opening, EU Trade Commissioner Maroš Šefčovič is currently in Washington for high-level talks with US officials. The aim is to explore whether a mutually acceptable resolution is possible.
Von der Leyen emphasized the EU’s willingness to resolve the dispute through dialogue but warned that if no progress is made, Europe stands ready to proceed with its response. Meanwhile, behind the scenes, the EU continues preparing additional trade measures in case talks fall through.
European leaders argue the US-imposed tariffs are unwarranted and could harm not only transatlantic trade but also broader global economic stability.
Kosta Gushterov
Reporter at Coindoo
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