Share
News

Trump Hikes Tariffs on Key European Import to Encourage US Industry

Share

President Donald Trump hiked tariffs on car imports from Europe after contending that European Union nations are not abiding by a trade deal reached last summer.

Trump wrote on Truth Social that he is “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,” according to a report from Politico.

“The Tariff will be increased to 25%,” he revealed.

The current tariff on European cars and car parts currently sits at 15 percent, Politico noted.

That rate was reached in July as a component of the Turnberry Deal, which was negotiated at Trump’s property in Scotland.

As part of the deal, the European Union was supposed to cut tariffs on American industrial products, as well as buy $750 billion in energy and invest $600 billion.

Trump said in his Truth Social post that American car plants “will be opening soon” and remarked that more funds are being invested into the projects.

Related:
Los Angeles Drivers Facing $100 Fill-Ups As Gas Prices Soar

“It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF,” his post continued, per a report from ABC News.

“Many Automobile and Truck Plants are currently under construction, with over 100 Billion Dollars being invested, A RECORD in the History of Car and Truck Manufacturing,” Trump added in his post.

“These Plants, staffed with American Workers, will be opening soon,” he continued.

“There has never been anything like what is happening in America today! Thank you for your attention to this matter. President DONALD J. TRUMP.”

ABC News noted that the tariff hike appears to be occurring under Section 232, which allows Trump to “adjust the imports” brought into the United States in a way that threatens national security.

Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization

Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. Advertise Today.

Submit a Correction →



Truth and Accuracy

Submit a Correction →



We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Michael wrote for several entertainment news outlets before joining The Western Journal in 2020. He now serves as Managing Editor, which involves managing the editorial team and operations, guiding the publication's editorial direction, and writing, editing, curating and assigning stories as needed.
Michael Austin graduated from Iowa State University in 2019. During his time in college, he volunteered for both PragerU and Live Action. After graduation, Michael went on to work as a freelance journalist for various entertainment news sites before joining The Western Journal as an intern in early 2020.

Shortly thereafter, Michael was hired on as a staff writer/reporter. He now serves as Managing Editor, which involves managing the editorial team and operations, guiding the team's editorial direction, and writing, editing, curating and assigning stories as needed.
Birthplace
Ames, Iowa
Nationality
American
Education
Iowa State University
Topics of Expertise
Cultural Politics, Pop Culture, Christian-Conservatism




Share
Tags:
, , , ,

Conversation