BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

EU Suspends Retaliatory Tariffs for 90 Days Amid Trade Talks​: Here is What You Missed

Michael Juanico by Michael Juanico
April 10, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 3 mins read
1
SHARES
21
VIEWS
Share on XShare in TelegramShare on Reddit
  • The EU paused its retaliatory tariffs for 90 days after Trump temporarily lowered U.S. duties for most nations.
  • President Trump maintained a 125% tariff on China, while reducing others to 10% to encourage negotiations.
  • EU officials welcomed the pause but warned that countermeasures are ready if talks fall short.

The European Union’s about-face on retaliatory tariffs is turning heads. Just a day after President Donald Trump announced a temporary ease on most U.S. import duties, European Commission President Ursula von der Leyen said the bloc will hit the brakes too—at least for now.

ICYMI: 🇪🇺🇺🇸 EU pauses tariffs on the US for 90 days amid ongoing trade talks

— BlockNews (@blocknewsdotcom) April 10, 2025

Speaking Thursday, von der Leyen confirmed a 90-day pause on the EU’s counter-tariffs, originally set to go live April 15. “We took note of the announcement by President Trump. We want to give negotiations a chance,” she said. But the message came with a warning: “If talks fall short, our countermeasures will kick in. We’re still prepping for that. All options are on the table.”

The EU’s retaliation package—sparked by Trump’s 25% tariffs on steel and aluminum last month—was approved by member states just Wednesday. It hasn’t been fully revealed yet, but leaked drafts mention everything from poultry to heavy machinery.

Trump’s 10% Move Sends Markets Soaring

Trump shook things up midweek by announcing that most nations would now face a flat 10% tariff for 90 days while trade talks unfold. China, notably, wasn’t offered that courtesy—instead, its tariffs were bumped up to a jaw-dropping 125%.

The move sent U.S. markets soaring, and the ripple effects were felt globally. European and Asia-Pacific indexes joined the rally Thursday, and the euro climbed 1.2% against the dollar, trading around $1.1079 midday in London.

Von der Leyen seemed cautiously optimistic. “This is an important step toward calming the global economy,” she said. “Tariffs are taxes, plain and simple. They hurt consumers and businesses alike.” She also floated the idea of a zero-for-zero tariff agreement between the EU and U.S., something she’s long supported.

Von Der Leyen Confirmed a 90 day Pause on the Eus Counter tariffs

Behind the Smiles, Tension Remains

Despite the temporary ceasefire, tensions between the EU and Trump’s White House haven’t exactly vanished. Trump has blasted the 27-nation bloc repeatedly this year, accusing it of “treating the U.S. very unfairly” in goods trade.

In reality, the numbers suggest a more balanced picture when services and investments are factored in. Still, the EU isn’t sitting still. Officials say they’re working to diversify their trade deals globally and cut red tape within the single market—basically trying to future-proof their economy from more Trump turbulence.

There’s also chatter in Brussels about going after U.S. tech services next if things go south. So yeah, this pause? It might just be a breather.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ChinaDonald TrumpEuropean UnionTariffsUrsula von der Leyen
TweetShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Aster DEX Transfers 4% of ASTER Tokens Ahead of Stage 2 Airdrop
CRYPTO

Aster DEX Transfers 4% of ASTER Tokens Ahead of Stage 2 Airdrop

October 13, 2025
Zcash Shielded Supply Explodes Past 4.4 Million — 27% of All ZEC Now Completely Untraceable
CRYPTO

Zcash Shielded Supply Explodes Past 4.4 Million — 27% of All ZEC Now Completely Untraceable

October 13, 2025
Amundi, Europe’s Largest Asset Manager, Prepares for 2026 Crypto ETF Debut
BITCOIN

Amundi, Europe’s Largest Asset Manager, Prepares for 2026 Crypto ETF Debut

October 13, 2025
Dogecoin Crash Might Be the Calm Before the Storm, Analysts Say
CRYPTO

Dogecoin Crash Might Be the Calm Before the Storm, Analysts Say

October 13, 2025
CME Group Rolls Out Regulated Options on Solana and XRP Futures
CRYPTO

CME Group Rolls Out Regulated Options on Solana and XRP Futures

October 13, 2025
Binance Wallet Faces Temporary Outage — Here’s What Actually Happened
BINANCE BNB

Binance Wallet Faces Temporary Outage — Here’s What Actually Happened

October 13, 2025
Load More

Related News

Aster DEX Transfers 4% of ASTER Tokens Ahead of Stage 2 Airdrop

Aster DEX Transfers 4% of ASTER Tokens Ahead of Stage 2 Airdrop

October 13, 2025
Zcash Shielded Supply Explodes Past 4.4 Million — 27% of All ZEC Now Completely Untraceable

Zcash Shielded Supply Explodes Past 4.4 Million — 27% of All ZEC Now Completely Untraceable

October 13, 2025
Amundi, Europe’s Largest Asset Manager, Prepares for 2026 Crypto ETF Debut

Amundi, Europe’s Largest Asset Manager, Prepares for 2026 Crypto ETF Debut

October 13, 2025
Dogecoin Crash Might Be the Calm Before the Storm, Analysts Say

Dogecoin Crash Might Be the Calm Before the Storm, Analysts Say

October 13, 2025
CME Group Rolls Out Regulated Options on Solana and XRP Futures

CME Group Rolls Out Regulated Options on Solana and XRP Futures

October 13, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews