"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%."
"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."
"We in the EU, in the European Parliament, are honouring the Scotland deal. We are currently drafting the legislation; we have a parliamentary position and aim to finalise this in June."
President Trump announced a plan to raise tariffs on cars and trucks imported from the European Union to 25%, citing non-compliance with a trade deal. The new tariffs will not affect vehicles made in U.S. plants, which he claims are experiencing significant investment and production growth. The referenced trade deal, established last summer, set tariffs at 15% in exchange for EU concessions. EU officials, including Bernd Lange, criticized Trump's actions, asserting their commitment to the agreement and ongoing legislative efforts.
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