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Fri, 01 May 2026

Fri, 01 May 2026 Trump says he will hike tariffs on EU cars to 25%

The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July.

* Donald Trump increases tariffs on cars and trucks imported from EU to 25%
* Tariffs were previously at 15% under a trade deal agreed in Scotland last year
* EU says it will "keep options open" to protect its interests, accusing US of not complying with trade deal
* Major European economies, including Germany and France, had rejected US plans to adjust tariffs on goods
* Trump accuses EU of not adhering to the terms of the trade deal, but does not provide explanation
* Bernd Lange, chair of European Parliament's international trade committee, calls Trump's behavior "unacceptable"
* EU will review its options for a response, with experts predicting "arbitrary attacks" from US could lead to retaliation.