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Trump announces 25% tariff on cars, trucks from EU

Trump announces 25% tariff on cars, trucks from EU

Summary

President Donald Trump announced a new 25% tariff on cars and trucks imported from the European Union. He said the EU is not following the terms of their trade agreement.

Key Facts

  • The tariff will apply to cars and trucks coming from the European Union.
  • The tariff rate is set at 25 percent.
  • President Trump announced this decision on social media.
  • He claims the EU is not complying with a fully agreed trade deal.
  • The change is scheduled to start next week.
  • The announcement is part of ongoing trade tensions between the US and the EU.
  • This update is part of a developing story with more information expected.
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