The European Union for the Anti -Terminant on US Customs tariffs for 90 days

The European Union will stop adopting its revenge Definitions on a group of American goods For 90 days, European Commission President Ursula von der Layin said, a day after the White House was released in most of his fees.

On Wednesday, the European Union members voted in favor of the package, which was designed in response to US 25 % definitions on steel and aluminum launched last month. The duties were scheduled to be completed in the coming days, with the start of the initial slide on April 15. The full list of the targeted elements has not yet been published, although the draft document watched CNBC in a march to include products that extend for clothes, poultry, grains, machinery and more.

“We noticed President Trump’s announcement. We want to give negotiations an opportunity,” From Lain said on Thursday.

“If the negotiations are not satisfactory, our counter -measures will continue. The preparatory work continues on other counter -procedures. As I said before, all options remain on the table.”

As well as Trump duties by 25 % on steel and aluminum and CarsIt was the European Union A 20 % tariff hit On almost all goods as part of the overwhelming duties announced last week.

Trump rose on Wednesday the markets when he revealed a reduction New tariff Import prices from most of the United States trade partners to 10 % for 90 days to allow this Commercial negotiations.

American stock markets rose On the news, while Asia and the Pacific and Europe Join the gathering on Thursday. The euro was 1.2 % higher against the US dollar in midday, London on Thursday, as it was traded at $ 1.1079.

In a previous statement on Thursday, von der Leyne said that she welcomed the stopping of Trump’s complete “mutual tariff” plan, describing it “an important step towards stabilizing the global economy.”

“The customs tariff is taxes that only harm companies and consumers. For this reason, I have been constantly called for a zero tariff agreement against scratch between the European Union and the United States,” she said.

In addition to negotiating with the United States and forming counter -measures, the European Union says it enhances and diversifies its other commercial relations and reduces friction in its unified market in response to Trump’s actions.

The European Union’s relations with the United States have been greatly strained this year. Trump has He was accused over and over again The block of 27 countries of the United States is “very fair” due to the defect in its merchandise trade.

Through goods, services and investment, the trade between the economies is almost equal, which leads to questions about whether the European Union can resort to targeting American services including technology In its response.