Trump hikes tariff on EU cars to 25%, claims trade deal non-compliance

Government

May 1 (UPI) -- President Donald Trump said Friday he plans to increase the tariff on vehicles imported from Europe to 25% because the European Union is not complying with a trade deal. After the U.S. Supreme Court in February invalidated the Trump administrations tariffs issued under International Emergency Economic Powers Act of 1977, Trump announced a 10% across-the-board tariff and then later upped it to 15% . In response, the EU delayed a vote to ratify its trade deal with the United States

Tag-uri: Donald Trump