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Date: 10-apr-2025
The European Union (EU) has responded positively to the recent 90-day pause on new US tariffs announced by President Donald Trump in 2025. European Commission President Ursula von der Leyen described the decision as a much-needed step toward economic stability amidst growing global market turbulence.
Ursula von der Leyen welcomed the US administration's move, stating that the tariff pause will provide breathing space for international trade and protect European businesses from further uncertainty in the short term. However, she also emphasized that temporary measures are not enough to secure long-term economic growth.
The European Commission has urged both the US and China to engage in meaningful dialogue to resolve trade disputes permanently. According to von der Leyen, recurring trade tensions and unpredictable tariff policies harm global supply chains and negatively impact European exports.
European businesses, particularly in the automotive, technology, and agriculture sectors, have been vulnerable to fluctuating trade policies. The US-EU trade relationship accounts for billions of euros annually, and prolonged instability could damage investor confidence and employment across member states.
The EU is expected to hold further discussions with US trade officials in the coming weeks. The European Commission aims to negotiate terms that ensure fair competition, stable market access, and compliance with international trade rules.
While the US tariff pause in 2025 has brought temporary relief to European markets, the European Union remains focused on achieving a permanent solution to global trade tensions. A stable and predictable trade environment is crucial for fostering economic growth and protecting businesses in an increasingly interconnected world.
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Date: 10-Apr-2025
Indian stock markets BSE and NSE remain closed today, April 10, 2025, on account of Mahavir Jayanti. Trading will resume on April 11.
Date: 11-Apr-2025
Indian stock markets BSE and NSE remain closed today, April 10, 2025, on account of Mahavir Jayanti. Trading will resume on April 11.
