Last week, US President Donald Trump announced to hike tariffs on cars and trucks manufactured in the European Union from 15 percent to 25 percent after accusing the bloc of taking too long to comply with the terms of the trade deal agreed last July. Trump’s latest trade barb comes as the transatlantic ties have been strained, with the latest friction point emanating from the EU’s refusal to join Washington’s current war on Iran. Recommended Stories list of 3 items list 1 of 3 UAE accuses Iran of attacks as ‘large fire’ breaks out at oil refinery list 2 of 3 Does Trump hold ‘all the cards’ against Iran in the Strait of Hormuz? list 3 of 3 US Secret Service shoots gunman near White House end of list “I am pleased to announce that, based on the fact the European Union is not complying with our full 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, without providing any evidence for his claim.…