#Trump says he'll place 25% #tariff on #autos from #EU, accusing bloc of not complying with #trade deal

Trump said Friday that he will increase #tariffs charged on #cars & #trucks from the EU next week to 25%, a move that could jolt the world #economy at a fragile moment.

Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.

#inflation #CostOfLiving #affordability
apnews.com/article/trump-tarif…