US raises tariff on EU cars, trucks: Trump claims bloc not complying with trade deal


US raises tariff on EU cars, trucks: Trump claims bloc not complying with trade deal

US President Donald Trump said the United States will raise tariffs on cars and trucks imported from the European Union to 25 per cent next week, claiming the bloc was not complying with a previously agreed trade deal. “I am pleased to announce that, 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,” Trump posted in Truth Social. “The Tariff will be increased to 25%,” he added. Trump said vehicles manufactured in US plants would not face tariffs. “It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF,” he said. The US President also claimed that several automobile and truck manufacturing plants were being built in the country. “Many Automobile and Truck Plants are currently under construction, with over 100 Billion Dollars being invested, A RECORD in the History of Car and Truck Manufacturing,” Trump said. “These Plants, staffed with American Workers, will be opening soon — There has never been anything like what is happening in America today!” he added. The latest tariff announcement could heighten trade tensions between Washington and Brussels, particularly in the auto sector, where European manufacturers have a significant presence in the US market.



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