Pakistan, May 1 -- US President Donald Trump has announced a 25 percent tariff on cars and trucks imported from the European Union. The move escalates trade tensions and aims to boost domestic manufacturing. It directly impacts automakers, exporters, and consumers across both regions.

The announcement was made through Trump's social media platform, where he accused the European Union of failing to honor trade commitments. He said the new tariffs would take effect next week, targeting imported vehicles from Europe.

Read more: Trump says 8 EU countries will face 10% tariff

Moreover, Trump stated that European companies could avoid tariffs by manufacturing vehicles within the United States. He emphasized that several new automobile and tr...