After Trump's Tariffs Pause, the EU Takes a Moment to Reassess
1. Trump pauses tariffs on Europe, signaling potential negotiation. 2. European Union had planned retaliatory tariffs on $23 billion of U.S. imports. 3. Financial markets surged, indicating reduced trade war fears. 4. 10% across-the-board tariff likely for 90 days amid uncertainty. 5. Steel and aluminum tariffs still in effect, retaliation uncertain.