Trump to put 25% tariffs on EU cars, says bloc not complying with trade deal
Former President Donald Trump has announced plans to impose a 25% tariff on European Union automobiles, citing non-compliance with existing trade agreements. He claims the EU has not upheld its end of trade negotiations, prompting the proposed punitive measure. The announcement could escalate trade tensions between the U.S. and the EU if implemented.
- ▪Donald Trump plans to impose a 25% tariff on EU cars.
- ▪He claims the EU is not complying with trade agreements.
- ▪The move could increase trade tensions between the U.S. and the EU.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at South China Morning Post.