Download the app
← Latest news

Trump to raise EU car and truck tariffs to 25 percent next week trade rift deepens

International
Published on 1 May 2026
Trump to raise EU car and truck tariffs to 25 percent next week trade rift deepens

American-made vehicles could be exempt from 25% duties

US President Donald Trump says tariffs on cars and trucks imported from the European Union will rise to 25 percent, starting as early as next week. He also claims vehicles manufactured in American plants will be exempt from the new duties, a move that could reshape supply chains and pricing across the transatlantic auto trade.

  • EU car and truck imports face a 25 percent tariff increase
  • The changes could begin as early as next week
  • Trump says US-made vehicles will be exempt from duties
  • The move escalates a widening US EU trade rift
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.