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Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.
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Trump is breaking the Turnberry deal over cars. Semiconductors are next in line.

TNW | Cars·Alina Maria Stan·about 1 month ago
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TL;DR Trump announced he will raise tariffs on EU cars and trucks to 25% next week, accusing the bloc of non-compliance with the Turnberry Agreement without specifying the violation. The deal, signed in July 2025, also covers semiconductors, AI chips, and digital trade, and Trump’s willingness to breach the auto provisions establishes a precedent that threatens the entire transatlantic tech trade framework. The Turnberry Agreement was supposed to be the floor. Signed at Donald Trump’s golf resort in Scotland last July, the deal between the United States and the European Union set a 15 per cent tariff ceiling on nearly all EU goods entering America, including cars, car parts, semiconductors, and pharmaceutical products. In exchange, the EU agreed to eliminate tariffs on all US industrial goods, purchase $750 billion in American energy exports, and deliver $600 billion in investments into the United States by 2028. It was, by any measure, asymmetric.…

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