Trump to hike EU car, truck tariffs to 25% starting next week
President Trump announced that the US will raise tariffs on cars and trucks imported from the EU to 25% starting next week, accusing the bloc of failing to comply with a previously agreed trade deal. He said vehicles manufactured in US plants will face no tariffs, and urged foreign automakers to shift production to America.
US President Donald Trump declared on Friday that Washington will increase tariffs on automobiles and trucks imported from the European Union to 25% beginning next week, alleging that the bloc has not honored a prior trade agreement. “I am 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,” Trump wrote on Truth Social. He emphasized that vehicles assembled in US factories would not face any tariffs and called on foreign-based carmakers to relocate production to the United States.
Incentives and investment claims
“It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF,” Trump added. He also claimed that more than $100 billion is being invested in new automobile and truck plants across the country, describing it as a record level of investment in the sector. “There has never been anything like what is happening in America today!” he said. The announcement escalates trade tensions between the US and Europe, which have already been strained over energy policy and the Iran war.
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