Donald Trump says he will raise tariff on EU vehicles to 25%
Levies on cars and trucks exported to US will be imposed ‘next week’ unless companies manufacture at American plants
Related reading
European carmakers take €8bn hit from Trump tariffs
US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal
German carmakers set for €10bn cash flow hit as Trump tariffs bite
Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments
Donald Trump expected to impose new levies if Supreme Court strikes down…
US administration has other ways to hit trading partners with duties
Donald Trump extends EU trade deal deadline while issuing fresh threat
The US president says he will hit the bloc with ‘much higher’ tariffs if it does not implement agreement by July 4
Donald Trump’s new tariff regime deepens global trade war
US president’s latest ‘reciprocal’ levies hit many countries that had struck deals with Washington
EU moves to shield aluminium from Trump tariff blow
Recycling plants in the bloc are shutting down capacity as US producers can pay more for European scrap metal