The US President, who attended the summit, said news of the tariff suspension shows the strong relationship between Brussels and Washington.
He said: “I’ve been making the case that the US and Europe – and democracies everywhere – are stronger when we work together to advance our shared values like fair competition and transparency.
“Today’s announcement demonstrates exactly how that can work in practice.”
He added: “Significantly, we also agreed to work together to challenge and counter China’s non-market practices in this sector that give China’s companies an unfair advantage.”
The two sides will continue to work to reach agreement on the overarching subsidies dispute.