On May 1, the US president announced his intention to raise tariffs to 25% on European cars and trucks, once again highlighting the limitations of the trade agreement negotiated last summer between the United States and the European Union.

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.

On May 1, the US president announced his intention to raise tariffs to 25% on European cars and trucks, once again highlighting the limitations of the trade agreement negotiated…

The U.S. president’s threat to hike tariffs on European autos supports the judgment of a majority of EU lawmakers that he can’t be trusted.

Trump announced last week he would increase tariffs on vehicles coming from the European Union from 15% to 25%.

The US president said the European Union must enact the trade deal agreed last year and drop tariffs on American goods to zero.