Trump Raises EU Auto Tariffs to 25%, Citing Trade Agreement Violations

President Trump announced Friday the United States will increase tariffs on European Union cars and trucks to 25% from the current 15% rate, effective next week. Trump cited the EU's failure to comply with a previous trade agreement as justification for the hike. The president specifically mentioned dissatisfaction with Italy and Spain, stating the tariff increase aims to force companies to sh ...

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