The US president has accused the bloc of “not complying” with a trade deal reached last summer, hiking automotive industry levies
US President Donald Trump has announced 25% tariffs on EU-made cars and trucks, accusing the bloc of breaching a trade deal reached last summer but yet to be fully ratified by EU lawmakers.
The move constitutes a 10% hike from current 15% levies on the automotive industry. Announcing the decision, Trump urged European car makers to move their manufacturing to the US, saying that such cars would not be subjected to increased tariffs.
“I am pleased to announce that, based on the fact the European Union is not complying…
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