The European Union announces a six-month suspension of retaliatory tariffs against the United States.

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The European Commission stated that it will propose to once again suspend the 93 billion euro (approximately 109.19 billion USD) retaliatory trade measures against the United States for six months. These measures were originally scheduled to take effect on February 7. This move marks a temporary easing of transatlantic trade tensions after Trump withdrew his tariff threats against European countries.

On January 23, according to Reuters, the plan was initially formulated in the first half of last year when the EU was negotiating a trade agreement with the US. In August last year, after Brussels and Washington reached a joint statement on trade issues, the plan was shelved for six months.

Last week, US President Trump, citing "seeking control over Greenland" as the reason, threatened to impose new tariffs on eight European countries, including some EU member states. This move briefly made the previously prepared EU retaliatory trade measures a potential countermeasure option.

However, as the US subsequently withdrew the relevant tariff threat, the EU decided to continue suspending its countermeasures. According to Xinhua News Agency, US President Trump stated on social media on the 21st that he has established a framework for a future agreement concerning Greenland with NATO Secretary General Rutte, and therefore will not implement the measures originally scheduled to take effect on February 1, imposing tariffs on eight European countries.

European Commission spokesperson Olof Gill stated:

"With the US withdrawing its tariff threats, we can now return to implementing the EU-US joint statement, which is an important matter."

Meanwhile, he emphasized that the EU retains the ability to quickly activate retaliatory tariffs if necessary. He said:

“It must be absolutely clear—these measures are only suspended for now. Should it become necessary, we can restart them at any time.”

This decision to delay indicates that the EU is focusing on promoting the implementation of the joint EU-US trade statement reached last August. This statement was the result of months of negotiations and aims to ease the long-standing trade tensions between the two sides.

This set of retaliatory measures worth about 93 billion euros is an important policy tool for the EU in addressing trade conflicts. Although the EU has decided to continue the suspension for now, by retaining a "rapid activation" mechanism, it not only demonstrates a willingness to promote dialogue, but also preserves a bargaining chip in case of a future deadlock in trade negotiations.

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