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EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

Trump ratchets tariffs on China even higher; China says it will “follow through to the end”

Reading Time: 3 minutes The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty dutiesless than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.



China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says

Trump temporarily lowers tariffs for most countries, raises them for China

White House reverses initial statements, says Canada, Mexico not subject to 10 per cent global tariffs

Reading Time: 3 minutes Canada and Mexico will be subject to the same 10 per cent tariff as many other countries, CBC reported Tuesday. The news came as U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher.