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

In a move that signals a potential escalation of trade tensions, President Donald Trump has declared his intention to raise U.S. tariffs on cars and trucks imported from the European Union to 25 percent. This decision, announced via his Truth Social platform, stems from the President's assertion that the EU has failed to adhere to a trade agreement established last summer. The existing pact had capped U.S. tariffs on EU autos and parts at 15 percent, a rate lower than the 25 percent applied to many other global trading partners.

“

Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States.

The President's announcement did not specify how the EU is allegedly falling short of the trade deal's terms. However, the European Commission responded promptly, stating that should the U.S. take actions inconsistent with their joint statement, the bloc would "keep our options open to protect EU interests." The Commission emphasized its commitment to implementing its obligations in line with standard legislative practice and indicated that the Trump administration has been kept informed throughout the process.

“

The Tariff will be increased to 25%.

This latest tariff threat comes at a sensitive time, following the European Parliament's conditional approval of the EU-U.S. tariff deal earlier in the year. The deal, which still requires negotiation with EU member states, faces uncertainty. Dan Anthony, head of the "We Pay the Tariffs" coalition, noted that such unpredictable tariff threats make many small businesses hesitant. The announcement also follows Trump's recent criticism of German Chancellor Friedrich Merz, adding another layer of complexity to the transatlantic relationship.

“

Should the US take measures inconsistent with the joint statement, we will keep our options open to protect EU interests.