economy
May 1, 2026
Trump Hits EU Again! Will Make Their Hell
US President Donald Trump's announcement of increased tariffs on cars from the European Union shows that the US is an unreliable trading partner, said Bernd Lange, chairman of the European Parliament's trade committee, on Friday.
TL;DR
- US President Donald Trump announced plans to increase tariffs on EU cars and trucks to 25%.
- Bernd Lange, chairman of the European Parliament's trade committee, called the US an unreliable trading partner.
- Lange stated the EU adhered to a trade agreement with the US, while the US repeatedly violated it.
- The US has imposed average tariffs of 26% on over 400 steel and aluminum products from the EU.
- The new tariff announcement could worsen US-EU trade relations, especially in the automotive industry.
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