He announced a new increase for the EU to 25% for cars and trucks. According to the US president’s post on Truth Social, the European Union is “not abiding by the trade agreement”.
It is worth noting that his announcements are coming. Earlier, Donald Trump left open the possibility of withdrawing American troops from key European countries, such as Spain and Italy, while Germany is also in his sights.
Trump’s post in detail:
“I am pleased to announce that, since the European Union is not honoring our trade agreement, next week I will increase the tariffs imposed on the European Union on cars and trucks entering the United States.
The duty will increase to 25%. It is absolutely clear and agreed that if the cars and trucks are made in US factories, there will be NO duty. Many car and truck plants are currently under construction, with investments exceeding $100 billion, a RECORD in the history of car and truck manufacturing.
These factories, in which American workers will be employed, will soon be opened — Nothing like what is happening today has ever happened in America! Thank you for your attention to this matter. President DONALD TRUMP”
