WATCH: Trump says he raised tariffs on autos from EU to 25%
Summary
President Donald Trump announced he will raise tariffs on cars and trucks imported from the European Union to 25% starting next week. He said the EU is not following the trade agreement made last year but did not provide specific details.Key Facts
- President Trump plans to increase auto tariffs on EU imports to 25%.
- The change will begin next week.
- Trump claims the EU is not following the 2023 trade deal.
- He did not explain exactly what rules the EU is breaking.
- The president said higher tariffs might encourage EU companies to build factories in the U.S.
- Trump made these comments while leaving the White House for Florida.
- He also mentioned lifting some tariffs on Scotch whisky after a royal visit.
- The move could impact the global economy, which is currently fragile.
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