"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."
"OFAC is issuing this alert to warn US and non-US persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian regime for safe passage."
Donald Trump announced a 25% tariff increase on cars and trucks from the European Union, citing non-compliance with a trade deal. He emphasized that no tariffs would apply if vehicles are produced in U.S. plants. Significant investments are being made in American automobile manufacturing, with over $100 billion allocated. Additionally, the U.S. Treasury warned shippers about potential sanctions for payments to Iran for safe transit through the Strait of Hormuz, regardless of payment methods. The White House declined to comment on private diplomatic discussions regarding Iran's proposals.
Read at www.theguardian.com
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