""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.""
""The Tariff will be increased to 25%," he wrote on his Truth Social platform."
US President Donald Trump announced a hike in tariffs on cars and trucks from the European Union to 25%. He accused the EU of not complying with the terms of a trade agreement without providing specifics. The EU had previously agreed to eliminate tariffs on US imports in exchange for a 15% tariff on most EU products. This agreement aimed to resolve trade uncertainties between the US and EU. Trump stated the tariff increase would take effect next week.
Read at www.dw.com
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