President Trump Announces 25% Tariff Increase on European Cars

President Trump announced plans to increase tariffs on European cars and trucks to 25% starting next week, citing the European Union's failure to comply with a trade agreement. The United States had previously reduced auto tariffs for the EU to 15% under the agreement, but U.S. officials have expressed concerns over the EU's slow implementation. In February, the Supreme Court limited the president's use of tariffs under an emergency law; however, the tariffs on European cars fall under Section 232 of the Trade Act of 1964, which pertains to national security and remains unaffected by the ruling. > "The European Union is not complying with our fully agreed to Trade Deal," the president stated in a post on Truth Social.