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| 2026-05-02 01:10:17
Trump-EU-auto tariffs
Trump says U.S. will increase tariffs on EU cars and trucks to 25 pct next week
By Song Sang-ho
WASHINGTON, May 1 (Yonhap) -- U.S. President Donald Trump said Friday that his administration will raise tariffs on cars and trucks from the European Union to 25 percent next week, claiming that the regional bloc is not complying with a bilateral trade agreement with the United States.
Trump made the announcement in a social media post, reiterating that if countries produce automobiles in the U.S., there will be no tariffs.
"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," Trump wrote on Truth Social. "The Tariff will be increased to 25 percent."
Under a trade deal last year, the Trump administration reduced tariffs on EU automobiles to 15 percent. EU cars were previously subject to a total rate of 27.5 percent.
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