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EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

Trump ratchets tariffs on China even higher; China says it will “follow through to the end”

The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.





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France pushes for farming ’emergency brake’ in Mercosur deal

Despite previous reservations, France held a meeting with 10 EU countries to discuss a possible trade deal with Latin America's Mercosur bloc, a day after the United States unleashed a global trade war, signalling it may be a way for the bloc to offset the impact of U.S. tariffs on European exports.