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The European Union has temporarily paused retaliatory tariffs against the US for 90 days, mirroring a similar move by President Trump. This pause allows for trade negotiations, but the EU stresses that countermeasures will resume if talks are unsatisfactory. While the pause offers relief, the unpredictable nature of US trade policy concerns investors and analysts, potentially impacting investment and global economic growth. The EU emphasizes the need for clear, predictable trade conditions and is also diversifying trade partnerships.

Prepared by Christopher Adams and reviewed by editorial team.