{"id":12077,"date":"2026-05-02T03:43:34","date_gmt":"2026-05-02T03:43:34","guid":{"rendered":"https:\/\/wildgreenquest.com\/?p=12077"},"modified":"2026-05-02T03:43:34","modified_gmt":"2026-05-02T03:43:34","slug":"trump-threatens-25-tariff-on-autos-from-eu-over-trade-deal-dispute","status":"publish","type":"post","link":"https:\/\/wildgreenquest.com\/?p=12077","title":{"rendered":"Trump threatens 25% tariff on autos from EU over trade deal dispute"},"content":{"rendered":"<p><br \/>\n<br \/><\/p>\n<div data-testid=\"content-chunk\">\n<p>President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment.<\/p>\n<\/div>\n<div data-testid=\"content-chunk\">\n<p>Trump said in a social media post that the EU \u201cis not complying with our fully agreed to Trade Deal,\u201d though he did not flesh out his objections in the post.<\/p>\n<p>Trump and European Commission President Ursula von der Leyen had\u00a0<a rel=\"nofollow\" href=\"https:\/\/apnews.com\/article\/european-union-us-trade-deal-9becc5c1ad5f0a5e42e7cf17c659a3e1\">agreed to the trade deal<\/a>\u00a0last July. It set a tariff ceiling of 15% on most goods, though the Supreme Court this year ruled against the legal authority that Trump had used to charge that tax. This left Trump looking for substitute authorities, and his administration has imposed a 10% tax while investigating trade imbalances and national security issues to put in new tariffs to make up for lost revenues.<\/p>\n<p>The tariffs hit at a moment when the Iran war has crushed the world economy with expectations of slower growth and higher inflation, as oil and natural gas prices have risen due to the effective closure of the critical Strait of Hormuz after strikes by the U.S. and Israel began at the end of February.<\/p>\n<\/div>\n<div data-testid=\"content-chunk\">\n<p>At the same time, Trump faces political pressure in the U.S. going into November\u2019s midterm elections because of rising levels of inflation. Trump, a Republican, returned to the White House last year on the explicit promise that he could quickly tame prices that jumped in the aftermath of the government\u2019s response to the coronavirus pandemic, but higher energy costs pushed annual inflation in March to 3.3%, which was higher than what he had inherited.<\/p>\n<p>Just 30% of U.S. adults approved of Trump\u2019s handling of the economy, according to the latest poll by The Associated Press-NORC Center for Public Affairs.<\/p>\n<p>Both the U.S. and the EU had previously confirmed their commitment to preserving the trade framework, known as the Turnberry Agreement, which was named after Trump\u2019s golf course in Scotland.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fastcompany.com\/91535606\/trump-tariffs-eu-autos-trade\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union 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 \u201cis not complying with our fully agreed to<\/p>\n","protected":false},"author":1,"featured_media":12078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":{"0":"post-12077","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brand-spotlights"},"_links":{"self":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts\/12077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12077"}],"version-history":[{"count":0,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/posts\/12077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=\/wp\/v2\/media\/12078"}],"wp:attachment":[{"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wildgreenquest.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}