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US President Donald Trump announced on Wednesday that his administration will soon impose a 25% tariff on imports from the European Union (EU), a move expected to escalate trade tensions between the two economic blocs.
Speaking during a cabinet meeting, Trump confirmed that a decision had been made and that the tariffs would apply broadly, particularly affecting European cars and other goods. “We have made a decision, and we’ll be announcing it very soon. It’ll be 25% generally speaking, and that’ll be on cars, and all of the things,” he told reporters.
While details of the tariff rollout remain unclear, the move is likely to provoke strong opposition from European leaders and automakers, who may consider retaliatory measures. The announcement adds to existing tensions in transatlantic trade relations, with both sides previously clashing over tariffs on steel, aluminum, and aircraft subsidies.
Further details on the tariff implementation are expected in the coming days as the administration finalises its strategy.
Melissa Enoch
The post Trump To Announce 25% Tariff On European Union Imports appeared first on Arise News.
