Trump announced Wednesday a 90-day pause on the most severe new “reciprocal” tariffs — up to 50 percent — he had imposed a week earlier on nearly all countries, plus the European Union. But a strict 10 percent tariff regime remains in place for much of the world, continuing to roil financial markets, while Trump continues to go after China with punitive 145 percent tariffs.
In response to Trump’s climbdown, the European Commission said Thursday it would also suspend for 90 days its countermeasures against the U.S.
According to the French president, Europe must stay united and continue to mobilize every available tool to defend itself and assert its economic sovereignty.
“We are right to fight: jobs and the lives of our communities are at stake,” Macron said.
