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01.05.26 - 19:36
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Trump tears up EU tariff deal and raises some import duties (The Guardian)
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US president says tariff on cars and lorries will rise to 25% and accuses European Union of non-complianceDonald Trump has said he is tearing up part of the tariff deal he struck with EU leaders at his golf course in Scotland last summer, criticising Brussels for taking so long to ratify the deal.Blindsiding Brussels late on May Day bank holiday on Friday, he announced that he would be increasing tariffs on cars and lorries imported into the US from the EU from 15% to 25% from next week. Continue reading......
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01.05.26 - 19:18
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Trump Escalates Tariffs On EU Vehicles To 25%, Accusing Bloc Of Trade Deal Violations (ZeroHedge)
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Trump Escalates Tariffs On EU Vehicles To 25%, Accusing Bloc Of Trade Deal Violations
President Donald Trump announced Friday that the United States will raise tariffs on cars and trucks imported from the European Union to 25% starting next week, citing the EU's failure to comply with a 2025 bilateral trade framework.
"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. The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF.”
Trump highlighted over $100 billion in ongoing U.S. auto manufacturing investments - a record, he said - and praised American workers staffing new plants set to open soon.
This sent Emini S&P futures cascading lower:
The move reverses a temporary reduction under the July 2025 U.S.-EU...
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01.05.26 - 19:06
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Trump says he will raise tariffs on EU trucks and cars to 25% – US politics live (The Guardian)
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President says any European car makers who produce vehicles in the US will not face tariffsSign up for the Breaking News US emailMeanwhile, the White House has said it will not detail private diplomatic conversations when Reuters asked about Iran's new proposal to the United States that was submitted to Pakistani mediators.“We do not detail private diplomatic conversations. President Trump has been clear that Iran can never possess a nuclear weapon, and negotiations continue to ensure the short- and long-term national security of the United States,” spokeswoman Anna Kelly told Reuters.I do have the impression from some of the briefings that I have received, as well as other sources, that an imminent military strike is very much on the table.There really is no coherent strategy, which came across very vividly and graphically in the hearing today with Secretary Hegseth.And it comes across in the president's comments, which oscillate between seeming open to negotiation and then foreclosing it entirely ...
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01.05.26 - 18:57
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Trump plant höhere Zölle auf EU-Fahrzeugimporte (Dow Jones)
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Von Gavin Bade DOW JONES--US-Präsident Donald Trump plant höhere Einfuhrzölle auf EU-Fahrzeuge. Wie Trump am Freitag mitteilte, werden die USA die Zölle auf Automobile aus der Europäischen Union von 15 auf 25 Prozent anheben. Er warf der EU vor, ein ......
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