Menu

Post image 1
Post image 2
1 / 2
0

Trump says he's raising EU auto tariffs to 25% without clarifying how

CNBC·Michele Luhn·about 1 month ago
#V9OZyHGd
Reading 0:00
15s threshold

President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. "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," he wrote on Truth Social on Friday. "The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF." The Supreme Court ruled in February that a large part of Trump's tariff agenda was illegal.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More