Trump Plans 25% Tariff on European Autos

When we think about higher gas prices, we also could be facing down here in the U.S., higher prices of some of the vehicles that gas is going into, at least if the president stays true to what he's saying today, he's going to raise the tariffs on European made cars to 25%. So this is definitely a move of escalation by the White House, Kelly, because as you well know, the agreement that had been reached between the US and the EU when it came to the trade deal, was that that more preferential, 15% tariff rate ...