Dhaka, July 14 -- The European Union has decided to suspend retaliatory tariffs on U.S. goods that were set to take effect Monday, in a bid to reach a trade agreement with the Trump administration by the end of the month."This is now the time for negotiations," European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, following a letter from President Donald Trump announcing new U.S. tariffs of 30 per cent on goods from the EU and Mexico, effective August 1.The EU, the United States' largest trading partner and the world's biggest trading bloc, had planned to implement "countermeasures" starting Monday at midnight Brussels time (6 p.m. EDT). Trade negotiations on behalf of the EU's 27 member states are handl...