US President Donald Trump has announced his intention to increase tariffs on cars and trucks imported from the European Union (EU) by next week.The new tariff rate will be a whopping 25%, a move that could have major implications for global trade.In his announcement, Trump accused the EU of failing to comply with their previously agreed trade deal but did not provide specific details about his objections.
Trump Announces 25% Tariffs on EU-Car Imports Amid Trade Dispute
Newsbytes•
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Publisher: Newsbytes
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