Trump Threatens Higher Tariffs on European Cars
The New York Times • • nation
Key Points:
- President Trump announced plans to increase tariffs on European cars and trucks to 25 percent starting next week due to the European Union's alleged non-compliance with a trade deal.
- The U.S. had previously lowered auto tariffs for the EU to 15 percent as part of the agreement, but officials claim the EU has been slow to implement the deal.
- Despite a Supreme Court ruling limiting the president's use of emergency tariff powers, the tariffs on European cars remain in place as they were imposed under a separate national security law, Section 232 of the Trade Act of 1964.
- Trump emphasized on Truth Social that the European Union is not adhering to the terms of the fully agreed trade deal.
