Trump Announces 25% Tariffs on EU Vehicles, Raising Trade Tensions Again
In a move that could reignite transatlantic trade tensions, announced Friday that the United States will increase tariffs on cars and trucks imported from the to 25% starting next week.
The announcement came via a social media post in which Trump accused the EU of failing to uphold its commitments under what he described as a “fully agreed to Trade Deal.” The statement offered few specifics about the alleged violations, but it immediately sent ripples through global markets and the auto industry.
