Trump presses 25% tariff on EU cars unless US production rises
TL;DR Summary
President Donald Trump said he will impose a 25% tariff on EU cars and trucks entering the United States next week unless European manufacturers move production to U.S. plants; shipments manufactured in the United States would face no tariff. The move upends last year's trade deal reducing tariffs on many EU imports and heightens transatlantic tensions, drawing warnings from EU officials and automakers about potential damage to the European auto industry.
- Donald Trump says he will raise tariff on EU vehicles to 25% Financial Times
- Trump Threatens Higher Tariffs on European Cars The New York Times
- German Auto Group Urges De-Escalation in US-EU Tariff Dispute Bloomberg.com
- Trump's tariffs on EU autos show US to be unreliable, says EU parliament's trade committee chair Reuters
- Trump tears up part of EU tariff deal to raise import duties on cars and lorries The Guardian
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