Trump tears up EU tariff deal and raises some import duties

The Guardian World ·

Trump tears up EU tariff deal and raises some import duties

Donald Trump has said he is tearing up part of the tariff deal he struck with EU leaders at his golf course in Scotland last summer, criticising Brussels for taking so long to ratify the deal. …

Donald Trump has said he is tearing up part of the tariff deal he struck with EU leaders at his golf course in Scotland last summer, criticising Brussels for taking so long to ratify the deal. Blindsiding Brussels late on May Day bank holiday on Friday, he announced that he would be increasing tariffs on cars and lorries imported into the US from the EU from 15% to 25% from next week. Vehicles made in the US by EU companies would be exempt from the increase, he wrote on Truth Social. …

Original source: The Guardian World