EU Welcomes US Tariff Pause, Seeks Diplomacy

European Commission President Ursula von der Leyen on Thursday welcomed U.S. President Donald Trump’s decision to suspend his proposed "reciprocal tariffs" for 90 days, calling it a positive move for global economic stability.

"I welcome President Trump’s announcement to pause reciprocal tariffs. It’s an important step toward stabilizing the global economy," von der Leyen said in a statement. "Clear, predictable conditions are essential for trade and supply chains to function."

She reiterated the EU’s proposal for a "zero-for-zero" tariff agreement on industrial goods between the two economies—an offer Trump rejected earlier this week, insisting instead that the EU increase purchases of American energy to balance trade. In 2023, the EU recorded a €156.6 billion goods surplus with the U.S. but a €108.6 billion deficit in services trade.

"The European Union remains committed to constructive negotiations with the United States, with the goal of achieving frictionless and mutually beneficial trade," von der Leyen added.

Transatlantic Leaders Urge Diplomacy Amid Tariff Uncertainty

Polish Prime Minister Donald Tusk urged both sides to use the 90-day pause to reach a compromise. "Maintaining close transatlantic relations is a common responsibility of Europeans and Americans, regardless of temporary turbulence," he wrote on social media.

Trump’s initial plan had imposed a 20% tariff on EU imports, which the Commission dismissed as "neither credible nor justified." Following the reversal, most EU goods entering the U.S. will now face a baseline 10% tariff, with steel, aluminum, and cars still subject to a 25% duty.

The Commission has not ruled out further countermeasures, though a spokesperson said retaliatory plans would be paused for now. "The European Commission will take the necessary time to assess this latest development, in close consultation with our member states and industry, before deciding on next steps," the spokesperson said.

Meanwhile, China faces a steep 125% tariff, raising concerns about potential market disruptions. The EU has established a task force to monitor whether Chinese goods—many of which are heavily subsidized—could be redirected to Europe.

Von der Leyen emphasized the EU’s broader trade strategy, citing recent agreements with Switzerland, Mexico, and Mercosur, as well as ongoing talks with India. "We will continue diversifying our commercial relations, engaging with countries that account for 87% of global trade and share our commitment to free and open exchange," she said.

"My team and I will continue working to protect European consumers, workers, and businesses," she added. "Together, Europeans will emerge stronger from this crisis."