The tariffs were slated to take effect starting on April 15, and to hit back at President Trump’s steel and aluminum levies.

Trump imposed a 20% levy on goods from the EU as part of his onslaught of tariffs of 10% and upward against global trading partners but said Wednesday he will pause them for 90 days to give countries a chance to negotiate solutions to U.S. trade concerns.

By Angelo Amante, Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) - U.S. President Donald Trump and close ally Italian Prime Minister Giorgia Meloni expressed optimism about resolving trade tensions that have strained U.