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Trump says he will hike tariffs on EU cars to 25%

May 1, 2026
in Business
Reading Time: 1 min read
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Trump says he will hike tariffs on EU cars to 25%
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The deal was eventually approved by the European Parliament in March, but only after a clause had been added, allowing it to be suspended if the Trump administration was deemed to have “undermined the objectives of the deal, discriminated against EU economic operators, threatened member states’ territorial integrity, foreign and defence policies, or engaged in economic coercion”.

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