EU suspends retaliatory tariffs on US, but market volatility persists

The European Union has suspended its 25% retaliatory tariffs on American goods after former US President Donald Trump decided to delay his proposed global tariff hikes.

The move was welcomed by EU Commission President Ursula von der Leyen, who said it was a step toward easing trade tensions.

However, European investors remain cautious, warning that the stock market is still volatile amid economic uncertainty and shifting US trade policy.

Subscribe and get top news delivered to your Inbox everyday for FREE