EU Lifts Tariffs on US Goods for 90 Days: A Boost to Trade Relations

In a significant move aimed at easing global trade tensions, the European Union (EU) has announced a suspension of retaliatory tariffs against the United States. This 90-day tariff pause, set to begin April 15th, marks a step toward restoring stability in a long-standing trade relationship that has been strained by recent disputes. The move, reported by Yonhap News, comes as welcome news amid ongoing economic uncertainty and a desire for increased cooperation between the world’s two largest economies.