The European Commission has announced a temporary suspension of retaliatory tariffs on US goods, effective April 15th, as part of ongoing efforts to stabilize the global economy amidst persistent trade tensions with the United States. This 90-day pause in tariff escalation was led by President Ursula von der Leyen and is seen by many as a step towards easing international trade barriers. While this suspension offers some relief for impacted industries and supply chains, concerns remain about ongoing disputes particularly in sectors like steel and automotive. The decision may encourage further negotiation towards a zero-tariff trade agreement between the two entities.