Former U.S. Secretary of Commerce Gina Raimondo discusses President Donald Trump’s commerce and tariff agenda on ‘The Claman Countdown.’
President Donald Trump introduced Friday he was elevating tariffs on European automobiles to 25%, citing the European Union’s noncompliance with the U.S.-EU commerce deal.
“I’m happy to announce that, primarily based on the very fact the European Union just isn’t complying with our absolutely agreed to Commerce Deal, subsequent week I will likely be growing Tariffs charged to the European Union for Vehicles and Vehicles coming into the US. The Tariff will likely be elevated to 25%,” Trump wrote Friday morning in a Fact Social put up.
He did, nevertheless, point out that he would drop the tariffs if European corporations agreed to fabricate their automobiles within the U.S.
“It’s absolutely understood and agreed that, in the event that they produce Vehicles and Vehicles in U.S.A. Vegetation, there will likely be NO TARIFF,” Trump wrote.
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President Donald Trump speaks to the press earlier than departing the White Home for Florida on Could 1, 2026, in Washington, D.C. (Celal Gunes/Anadolu by way of Getty Photographs / Getty Photographs)
He reiterated the purpose whereas chatting with reporters on the White Home Friday.
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“We raised the tariffs on automobiles coming in from the European Union as a result of the European Union was not adhering to the commerce deal we now have,” Trump advised reporters.
“So, primarily based on that now, after they construct their vegetation on which they’re spending over $100 billion for nations, not simply the Union, however when these vegetation open, there will not be any tariffs.”
Vehicles are loaded onto the automotive provider ship Polaris Liberty on the automotive terminal on Aug. 11, 2025, in Bremerhaven, Germany. The U.S. will apply a 25% tariff to all European autos, U.S. President Donald Trump introduced Could 1, 2026. (Focke Strangmann/Getty Photographs / Getty Photographs)
He additionally touted ongoing U.S. manufacturing of automotive vegetation.
“We’ve proper now in the US over $100 billion of automotive vegetation being constructed. That is a document. We have by no means had something prefer it, from all nations — Japan, South Korea, each, by the way in which, Canada, Mexico — they’re all constructing vegetation in the US. However the European Union was not adhering to the deal that we made,” Trump stated.
President Donald Trump walks with Ford Motor Firm Govt Chair Invoice Ford Jr. and CEO Jim Farley as they tour the Ford River Rouge Advanced on Jan. 13, 2026, in Dearborn, Mich. (Getty Photographs / Getty Photographs)
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The U.S. and EU reached a landmark commerce deal in July that noticed the President conform to decrease tariff charges on EU automobiles and vans from its earlier 27.5% to fifteen%.
