Trump Announces 25% Tariff on EU Autos, Citing Trade Deal Non-Compliance
President Trump claims the European Union is failing to honor trade agreements, while also threatening troop withdrawals from Italy and Spain.
Donald Trump has announced that he will be increasing tariffs on cars and trucks from the European Union to 25%.
In a post on Truth Social, the president said: "I am pleased to announce that, 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 Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF. Many Automobile and Truck Plants are currently under construction, with over 100 Billion Dollars being invested, A RECORD in the History of Car and Truck Manufacturing. These Plants, staffed with American Workers, will be opening soon — There has never been anything like what is happening in America today!"
Regarding the ongoing conflict with Iran, Trump expressed dissatisfaction with the delivery of weapons to Kurdish Iranian opposition groups and criticized Italy and Spain for their stance on Iran's nuclear program. He declined to comment on whether he is considering new strikes on Iran.
Trump also addressed the 60-day deadline set by the War Powers Resolution of 1973, arguing that seeking Congressional approval for the war is not required as it has not been sought by previous administrations.
Furthermore, the US Treasury has warned shippers that paying tolls to Iran for safe transit through the Strait of Hormuz could result in sanctions, regardless of the payment method used.
Democratic senator Richard Blumenthal has warned that imminent military strikes against Iran remain on the table, citing classified briefings and a lack of a coherent strategy from the administration.
Meanwhile, Iran has submitted fresh proposals to Pakistani mediators, focusing on the Strait of Hormuz, while maintaining that the diplomatic route is not dead.
In domestic news, Georgia Governor Brian Kemp has ruled out delaying the state's primary to redraw political maps following a Supreme Court ruling, while former president Joe Biden has endorsed Keisha Lance Bottoms in the Georgia gubernatorial race.
