Trump Announces 25% Tariffs on EU Cars, Trucks Next Week
President Donald Trump announced Friday that the United States will raise tariffs on cars and trucks imported from the European Union to 25 percent starting next week, accusing the bloc of failing to comply with a trade agreement reached last July.
In a post on Truth Social, Trump stated, "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. The Tariff will be increased to 25. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF."
The move raises the rate from the 15 percent cap established in the 2025 U.S.-EU trade framework, negotiated between Trump and European Commission President Ursula von der Leyen and sometimes referred to as the Turnberry Agreement. That deal aimed to rebalance transatlantic trade, which totaled 1.7 trillion euros in goods and services in 2024, according to Eurostat, or about 4.6 billion euros daily. It included commitments on market access and tariff limits, though specifics on alleged violations were not...