India, May 1 -- US President Donald Trump on Friday said that he will increase tariffs on European cars and trucks, claiming that the EU was "not complying with our fully agreed-upon trade deal".

According to Trump's post on Truth Social, the tariff on European cars and trucks will increase to 25 per cent, effective next week.

"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. The Tariff will be increased to 25%," Trump wrote.

Trump also said that no tariff will be applicable on the companies which produce cars and trucks in the United States, cla...