Trump to Hike Tariffs on EU Cars to 25% in Sharp Trade Escalation
Trump accuses EU of ’not complying’ with trade deal, announces tariff increase on European cars and trucks from 15% to 25%, and urges European automakers to build in the US.
Trump accuses EU of ’not complying’ with trade deal, announces tariff increase on European cars and trucks from 15% to 25%, and urges European automakers to build in the US.
Trump writes to Congress that hostilities with Iran ‘have terminated’ due to the ceasefire, arguing he does not need congressional authorization under the War Powers Resolution.
US President Trump announced he will raise tariffs on EU imported cars from the current 15% to 25%, escalating transatlantic trade tensions.
Trump signs an executive order on May 1 expanding sanctions against the Cuban government and its affiliates, specifically citing Cuba’s relationship with Iran as a threat to U.S. national security.
Trump notifies Congress that hostilities with Iran have ’terminated’ as the 60-day War Powers Resolution deadline expires, a move widely seen as a legal maneuver to sidestep congressional authorization requirements.
Trump announces a 25% tariff on EU car and truck imports, accusing the bloc of failing to comply with trade agreements, potentially triggering a new wave of transatlantic trade tensions.
Trump writes to Congress that hostilities have ’terminated’ due to the ceasefire, arguing he does not need congressional authorization for military action against Iran.
Spirit Airlines prepares to shut down after rescue deal with the Trump administration falls apart, potentially affecting thousands of employees and travelers.
Trump announces removal of Scotch whisky import tariffs as a tribute to King Charles III’s state visit, expected to save Scotland’s economy millions of dollars monthly.
The Associated Press reports that Trump has announced a 25% tariff on cars and trucks imported from the EU, accusing the bloc of failing to comply with trade agreements, potentially triggering new turmoil in global auto markets.