Trump flags 25% tariffs on European car imports in new trade showdown
TL;DR
President Trump said he will raise tariffs on EU cars and auto parts from 15% to 25% next week, arguing the EU is not complying with the Turnberry Deal reached last year; the move heightens transatlantic trade tensions as EU officials stress the deal remains in force and still must be fully implemented.
- Trump threatens to raise tariffs on EU automobiles to 25 percent Politico
- Trump Threatens Higher Tariffs on European Cars The New York Times
- Trump auto tariff hike could cost Germany nearly $18 billion in output, institute says Reuters
- Trump tears up part of EU tariff deal to raise import duties on cars and lorries The Guardian
- Trump Vows 25% Tariff on European Autos in Escalating Trade Rift Bloomberg.com
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