The US president announced that car and truck imports will be subject to a 25% tariff, up from 15%, starting from the week of Monday, May 4.

Trump said he was raising the levies because the European Union is not complying with the trade agreement it reached with the U.S.

US President Donald Trump on Friday said he will increase tariffs on vehicles from the European Union to 25% next week, accusing the bloc of not complying with its 2025 trade…

The move comes after Trump’s repeated verbal attacks on US allies