Published May 1, 2026, 12:00 PM ET · Updated 6 months ago · 2 sources

Trump says he’ll place 25% tariff on autos from EU, accusing bloc of not complying with trade deal

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Original Report

WASHINGTON (AP) — President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment. Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post. Trump and European Commission President Ursula von der Leyen had agreed to the trade deal last July. It set a tariff ceil