President Donald Trump hiked tariffs on car imports from Europe after contending that European Union nations are not abiding by a trade deal reached last summer.
Trump wrote on Truth Social that he is “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,” according to areportfrom Politico.
“The Tariff will be increased to 25%,” he revealed.
🚨 JUST IN: In a massive FAFO moment, President Trump is SLAPPING 25% tariffs on the European Union’s cars and trucks after they failed to abide by the trade deal
Trump is going HARDBALL on the EU!
“It is fully understood and agreed that, if they produce Cars and Trucks in…pic.twitter.com/nIhDfnRix6
— Eric Daugherty (@EricLDaugh)May 1, 2026
The current tariff on European cars and car parts currently sits at 15 percent, Politico noted.
That rate was reached in July as a component of the Turnberry Deal, which was negotiated at Trump’s property in Scotland.
As part of the deal, the European Union was supposed to cut tariffs on American industrial products, as well as buy $750 billion in energy and invest $600 billion.
Source: VidNews » Feed
