EU Prepares to Pause U.S. Counter-Tariffs for 6 Months
'The commission will take the necessary steps to suspend by 6 months the EU's countermeasures against the U.S., which were due to enter into force on Aug. 7,' commission spokesperson Olof Gill said on Monday. Both sides are still working on finalizing a joint statement on their trade deal, and the suspension will be formally adopted on Tuesday, he said.
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