EU has suspended retaliatory tariffs on U.S. goods for 90 days, following President Donald Trump's pause on global tariffs.EU Commission President emphasizes commitment to diplomacy and willingness to engage in negotiations for resolving trade disputes.Initial retaliatory measures targeting $23 billion worth of U.S. goods to be suspended, pending satisfactory results from negotiations.EU remains prepared for additional countermeasures if negotiations fail, aiming to protect economic interests.