SITUATION REPORT

U.S., EU: Trump Says He Will Increase Tariffs on EU Cars

May 1, 2026 | 19:06 GMT

U.S. President Donald Trump said in a May 1 post on Truth Social that he would increase tariffs on EU cars and trucks to 25% "next week" over EU noncompliance with the trade deal the European Union and United States signed in 2025....

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