Trump announces plan to raise US tariffs on EU cars to 25%
Fast facts
- Category: Business
- Language: EN
- Published: 2026-05-01 15:42 UTC
- Sources: BBC Business
President Donald Trump said he will increase the tariff on European Union automobiles from the current 15% to 25%. The existing rate was set under a trade deal negotiated in July last year. The proposed hike would significantly raise the cost of EU cars imported into the United States.
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