In a move that could have far-reaching consequences for the global auto industry, former President Donald Trump has threatened to impose higher tariffs on European cars. The announcement comes as the US and European Union (EU) continue to negotiate a new trade agreement, with the US seeking to address long-standing trade imbalances and the EU pushing for greater access to the US market. Trump's latest threat is seen as an attempt to pressure the EU into concessions, but it also risks escalating tensions and potentially sparking a trade war. The tariffs, which could affect millions of vehicles imported from Europe, would be a significant escalation of the trade tensions between the two economic powers.
Trump Threatens Higher Tariffs on European Cars The New York Times
