Finance

Trump Says US to Hike Tariff Rate on EU Auto Imports

President Donald Trump says he will increase tariffs on cars and trucks from the European Union to 25%, claiming the bloc is not complying with a trade agreement. (Source: Bloomberg)

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Bloomberg
May 1, 2026·1 min read
Trump Says US to Hike Tariff Rate on EU Auto Imports

Image: Bloomberg

President Donald Trump says he will increase tariffs on cars and trucks from the European Union to 25%, claiming the bloc is not complying with a trade agreement. (Source: Bloomberg)

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Trump Says US to Hike Tariff Rate on EU Auto Imports

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