EU, Retaliatory tariffs on the United States postponed for 90 days confirmed... In response to Trump's mutual tariff postponement

The European Union (EU) decided to defer retaliatory measures for 90 days to ease tariff conflicts with the United States. The EU confirmed this measure on the 14th local time, marking the day of launching full-scale tariff negotiations with the United States, and the deferral period will be applied from the 15th to July 14.

This decision is a response to U.S. President Donald Trump's announcement last week of a 90-day deferral policy for reciprocal tariffs by country. At that time, President Trump had announced high reciprocal tariffs targeting several countries, including the EU, but stated that he would allow a certain period for negotiation.

The EU's deferral decision is interpreted as an attempt to temporarily ease trade tensions between the U.S. and the EU and to seek mutual benefits in future negotiations. Depending on the direction of negotiations to be conducted over the next three months, it is expected to significantly impact global trade order, exchange rates, and capital flows.