the eu will be spinning around in circles when this is all done;

Komisar von der Leyen informs the union members that she has decided to pause the retaliation tariffs against the USA, based on the 90-day pause announced by President Trump.  However, in actuality there’s not much difference even within the pause as the German/EU autos are still tariffed (25%) and the steel and Aluminum tariffs’ (25%) still apply.

The only gain from yesterday’s modification in the global tariff regime for the EU was a switch from 20% EU tariff to a baseline 10% tariff during the pause.

The total EU relief is 10% for 90-days; but that was enough for Komrade Ursula to mount her high-horse and claim magnanimity status.

According to von der Leyen, “if negotiations are not satisfactory, our countermeasures will kick in.”[SOURCE]

“I welcome President Trump’s announcement to pause reciprocal tariffs. It’s an important step towards stabilizing the global economy.

Clear, predictable conditions are essential for trade and supply chains to function........more.........