Afghanistan, May 2 -- Trump said the United States will impose 25% tariffs on EU cars next week, raising risks of renewed trade tensions with Europe.
Donald Trump said the United States will raise tariffs on cars from the European Union to 25% next week, a move that could reignite trade tensions between Washington and Brussels. He added that companies producing vehicles inside the United States would be exempt from the tariffs.
European officials have not issued a formal response, but industry representatives have warned of serious consequences for production and employment. The planned increase also threatens a trade agreement reached last summer, which had reduced tariffs on most European goods to 15% in exchange for EU concessions.
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