Trump announces 25% tariffs on European cars and trucks

Donald Trump has taken another step in the trade war with Europe and has announced a 25% tariff on trucks and cars manufactured in the European Union that are marketed in the United States. According to a message published on Truth Social this Friday, he expects the measure to come into effect "next week".

The president assures that he wants to protect American vehicle production and has clarified that vehicles manufactured in plants in the United States will not be subject to the new tax. In this regard, he has highlighted that "currently, many car and truck plants are under construction, with more than 100 billion dollars invested". He said that "they will open soon" and that "nothing like what is happening in the United States has ever happened before".

Trump starts from the premise that "the European Union is not complying with the fully agreed trade agreement"Agreement with the EU

Trump starts from the premise that "the European Union is not complying with the fully agreed trade agreement", although he does not specify which points the EU is allegedly not complying with. The two powers agreed in July to limit US tariffs on European products to 15%. On the other hand, the EU committed to buying energy products worth around 700 billion euros from the United States in the next three years.

The European Parliament ratified the agreement scarcely a month ago, after demanding the addition of a suspension clause in case, for example, the president of the United States launched threats against European partners. Even so, it is a proposal that is not yet definitively approved, pending the states' decision.

With this new announcement, Trump disregards the Supreme Court decision to declare tariffs illegal that he has been approving within the framework of the trade war. The high court considered that the president had abused his emergency powers to impose the economic measure, although, even then, Trump made it clear that he did not intend to back down.