US President Donald Trump on Friday announced he was hiking US tariffs on cars and trucks from the European Union next week to 25%. Trump said he was increasing tariffs because the bloc was not fully complying with the terms of its trade agreement with the US, without citing specific information. The EU agreed to erase tariffs on US imports in exchange for a 15% tariff on most EU products when it struck a trade agreement with the US last year, averting a bigger trade war. The tariff threat comes at a time of increased tensions between the US and EU countries against the backdrop of the Iran war. EU and US negotiated a trade deal last year in Turnberry, Scotland [File: July 2025] Image: Evelyn Hockstein/REUTERS What did Trump say about tariffs on EU?…