US tariff suspension is good news, Polish finance minister says
Published by Global Banking & Finance Review®
Posted on April 10, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 10, 2025
1 min readLast updated: January 24, 2026
The US has suspended tariffs, signaling a desire to de-escalate trade conflicts. This move is seen positively by Poland, potentially boosting its economy.
WARSAW (Reuters) - The suspension of U.S. tariffs is good news and shows the U.S. administration's will to deescalate this trade conflict, Polish Finance Minister Andrzej Domanski said on Thursday.
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had imposed on dozens of countries, while further ramping up pressure on China, sending global stocks rocketing higher.
"This is positive information. It indicates a desire for some de-escalation on the part of the American administration of this trade conflict," Domanski told private broadcaster Polsat News.
"90 days is, I think, enough time to discuss the next steps with a cool head and in a thoughtful manner ... I think we will see a positive reaction on the Polish stock exchange as well."
Polish Prime Minister Donald Tusk said last week that the introduction of new tariffs by the United States might reduce the growth rate of the Polish economy by 0.4%.
(Reporting by Pawel Florkiewicz and Anna Wlodarczak-Semczuk. Editing by Jane Merriman)
The main topic is the US suspension of tariffs and its positive impact on Poland's economy.
The suspension is seen as positive by Polish officials, potentially boosting the Polish stock market.
Global stocks rose, and Polish officials expressed optimism about economic impacts.
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