Source-linked briefing Business

Trump Plans 25% Tariff on EU Cars, Citing Deal Violation

Trump Plans 25% Tariff on EU Cars, Citing Deal Violation

President Trump said he intends to raise tariffs on EU car and truck imports to 25% as soon as next week, alleging the bloc breached a prior agreement. Vehicles assembled in U.S. plants would be exempt under the plan, according to the report.

Original headline

Trump To Raise Tariff On EU Cars By 25%, Cites 'Deal Violation'