Finance
European Commission says it will consult with member states on next steps on tariffs
European Commission says it will consult with member states on next steps on tariffs
Published by Global Banking and Finance Review
Posted on April 10, 2025
Published by Global Banking and Finance Review
Posted on April 10, 2025
BRUSSELS (Reuters) - The European Commission said it will take the necessary time to assess US President Donald Trump's announcement on Wednesday about a pause in US tariffs.
"The European Commission will now take the necessary time to assess this latest development, in close consultation with our Member States and industry, before deciding on next steps," the Commission said in a statement on Thursday.
(Reporting by Phil Blenkinsop, editing by GV De Clercq)
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