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

President Donald Trump said on Friday (May 1, 2026) that he will increase the tariffs charged on cars and trucks from the European Union (EU) next week to 25%, a move that could jolt the world economy at a fragile moment.

Mr. Trump said in the 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.