US Tariff Pause Opens Doors for Trade Negotiations

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In early April, the European Commission welcomed President Trump’s 90-day suspension of reciprocal tariffs, calling it a step toward global economic stability. While China remained excluded, the European Union emphasized the need for fair, open trade and long-term cooperation.

Europe Welcomes Tariff Pause but Pushes for Dialogue

European Commission President Ursula von der Leyen praised the U.S. decision, stating that “tariffs are taxes that harm both business and consumers.” She reaffirmed the EU’s commitment to a zero-zero tariff agreement with the United States.

While the pause excludes China, the EU views it as a chance to revive trade negotiations and reduce economic tension. The EU will continue efforts to diversify trade partners and remove internal barriers within its single market.

On April 9, President Trump announced a 90-day pause on reciprocal duties, except for China. Tariffs on Chinese goods will rise from 104% to 125%, citing a lack of respect for global trade norms. Meanwhile, tariffs for other trading partners will be reduced to 10%, except for specific sectoral duties.

Europe Responds with Countermeasures and Caution

In response to earlier U.S. tariffs on steel and aluminum, the EU approved retaliatory duties on approximately €21 billion worth of U.S. goods. These countermeasures may be suspended if negotiations yield a balanced outcome.

At the same time, Canada and Mexico will continue to enjoy 0% duties under the USMCA, as long as goods meet the agreement’s standards. Goods not in compliance will face 25% tariffs.

China responded strongly, raising its tariffs on U.S. goods from 34% to 84%. It also filed a complaint with the World Trade Organization, challenging the legality of the U.S. increases.

Trade Policy Outlook

Although the tariff pause excludes China, the EU views it as an important first step toward more stable international trade. The European Commission remains focused on fair negotiations and sustainable economic ties.

At SuperMetalPrice, we continue to track developments in international trade, steel tariffs, and global market reactions. For updates on how tariffs affect metal markets, follow our ongoing coverage.