<p>The European Union will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.</p>

The European Union has paused retaliatory tariffs on the U.S. in hopes of negotiating a trade deal with the Trump by Aug. 1 to avoid a new 30 per cent tariff.{ai:summary}<p>The European Union has decided to suspend planned retaliatory tariffs on U.S. goods that were set to begin on Monday. This move aims to facilitate negotiations for a trade agreement with the Trump administration by the end of the month. #politics</p>

EU to suspend U.S. tariff retaliation, will look for a deal with Trump by Aug. 1

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