US to raise tariffs on EU cars to 25%, says Trump

WASHINGTON, United States – President Donald Trump said Friday that he will hike US tariffs on cars and trucks from the European Union next week, charging that the bloc is not complying with an earlier trade deal. The pact, which was struck last summer, had capped the US tariff on EU autos and parts at 15 percent, which is lower than the 25-percent duty that Trump imposed on many other trading partners. These sector-specific duties were not affected by a Supreme Court ruling earlier in the year that struck down a swath of Trump’s global levies. READ: eu-hits-pause-on-us-trade-deal But the […]... Keep on reading: US to raise tariffs on EU cars to 25%, says Trump

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