Trump says he will raise tariffs on EU autos to 25%

Trump says he will raise tariffs on EU autos to 25%

May 1, 2026   09:47 pm

U.S. President Donald Trump on Friday said he would be increasing tariffs on cars and trucks from the European Union to 25%, saying the EU had ⁠not complied with its trade deal.

“Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged ⁠to the European Union for Cars and Trucks coming into the United States,” he wrote in ⁠a social media post.

“It is fully understood and agreed that, if they ⁠produce Cars and Trucks in U.S.A. Plants, there will ⁠be NO TARIFF,” Trump added.


Source: Reuters
--Agencies 

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