Trump Vows 25% Tariff on European Autos in Escalating Trade Rift

President Donald Trump said he was raising tariffs on cars and trucks from the European Union to 25%, claiming that the bloc had failed to fully comply with a trade agreement negotiated with the US.

“I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States,” Trump said Friday in a social media post. “The Tariff will be increased to 25%.”

Trump said the levies would ...