Business

Trump to raise tariffs on EU vehicles to 25%

May 02, 2026

New York [US], May 2: US President Donald Trump announced that he will raise tariffs on cars and trucks imported from the European Union to 25 percent, citing the bloc's failure to comply with the trade agreement concluded with Washington.
Trump said, "Due to the European Union's non-compliance with our trade agreement, I will raise, next week, the tariffs imposed on EU exports of cars and trucks to the United States."
Source: Emirates News Agency

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Trang Phap Advances Directly to Ride the Wind 2026 Grand Finale in China

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Jun 21, 2026