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World & Business

Trump says he'll raise tariffs on EU cars and trucks to 25%

In a statement quoted by a user, Trump said the EU wasn't complying with a trade deal and that U.S.-made vehicles would face no tariff.

DC
1 Source, 8h ago, first seen 8h ago

TLDR

On October 3, a user shared what they described as a Truth Social statement from Trump. In it, Trump said he would raise tariffs on EU cars and trucks entering the U.S. to 25% the following week, citing what he claimed was the EU's failure to comply with an agreed trade deal. He said vehicles produced in U.S. plants would face no tariff.

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50.9K

1 Source, first seen 8h ago

379 likes5 comments10 saves67 reposts

Combined views

50.9K

1 Source, first seen 8h ago

379 likes5 comments10 saves67 reposts

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1 Source

@DrcharlieWardQBREAKING 🚨: President Trump on Truth Social: “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! Thank you for your attention to this matter. President DONALD J. TRUMP”8h
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    1 Source

    @DrcharlieWardQBREAKING 🚨: President Trump on Truth Social: “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! Thank you for your attention to this matter. President DONALD J. TRUMP”8h
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