EU and US Trade Dispute: A Pause in Retaliation

EU and US Trade Dispute: A Pause in Retaliation
The ongoing trade dispute between the European Union (EU) and the United States (US) has taken a new turn. After US President Donald Trump's threat of imposing a 30% tariff on European goods, the EU has decided to pause its retaliatory measures. European Commission President Ursula von der Leyen has called for a negotiated solution to the dispute, stating that an escalation of trade tensions would only harm both sides. This decision marks a positive step towards finding a resolution to the ongoing trade conflict between two of the world's largest economies.