After US President Donald Trump suspended reciprocal tariffs, the European Union announced on Thursday that it would temporarily halt its initial countermeasures against the US for a period of 90 days.
European Commission President Ursula von der Leyen said that preparations for further responsive measures are still ongoing. "If the negotiations are unsatisfactory, the EU will take countermeasures," she stated.
The suspension of tariffs by Trump and the subsequent pause in the EU's countermeasures reflect that neither side wishes to see the trade conflict escalate excessively, which could harm their own economies. However, von der Leyen's emphasis that unsatisfactory negotiations will lead to the reinstatement of countermeasures indicates that the EU is also steadfast in maintaining its bottom line and will not make compromises at all costs. The trade relationship between the US and the EU remains in a delicate dynamic balance.
As the primary trading partner of more than 140 countries and regions, China should continue to deepen cooperation with all parties, including the EU, to enhance its voice in the global trade landscape. China needs to reduce its reliance on the US market and strengthen its economic resilience and diversified development.
Original article: https://www.toutiao.com/article/1829064756930560/
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