Trump says he will raise tariffs on EU autos to 25%
U.S. President Donald Trump announced plans to raise tariffs on cars and trucks from the European Union to 25%, citing non-compliance with a trade agreement. Trump argued the move would encourage European automakers to shift production to the United States, while EU officials criticized the decision as arbitrary and damaging to transatlantic relations. The announcement caused European automaker stocks to decline and raised concerns about escalating trade tensions.
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Trump says he will raise tariffs on EU autos to 25%Sign up now: Get ST's newsletters delivered to your inboxPublished May 02, 2026, 01:03 AMUpdated May 02, 2026, 01:03 AMWASHINGTON, May 1 - U.S. President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25%, saying the bloc had not complied with its trade deal with Washington."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.
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