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BSCN·2026-05-01 16:37
TRUMP HIKES EU CAR TARIFFS TO 25% NEXT WEEKTrump will raise tariffs on EU cars and trucks to 25% next week, accusing the bloc of failing to comply with the Turnberry Agreement.The 2025 deal with Ursula von der Leyen set a 15% ceiling. A Supreme Court ruling cut that to 10% after striking down Trump's emergency tariff authority. The EU said the deal saved European automakers €500-600 million per month.Brussels hasn't responded. The Commission said in February: "a deal is a deal."Lands as the ECB held at 2% y ...