Ursula von der Leyen says Trump’s tariffs pause is ‘important step towards stabilising global economy’ – Europe live

News Snapshot:

03.21 EDT Morning opening: 'Nice to wrap it all up in one package' Jakub Krupa US president Donald Trump stepped away from the brink of an all-out trade war last night, suspending his “reciprocal” tariffs for 90 days for everyone but China to create space for negotiations on better arrangements. Trump appeared surprised when asked about the EU’s retaliatory tariffs adopted yesterday, only to be reassured by his officials that the expectation is that they will be effectively delayed until never. Overnight, European Commission president Ursula von der Leyen welcomed Trump’s decision as she said it was “an important step...