
President Donald Trump announced plans to increase tariffs on European Union cars and trucks to 25%, citing the EU's failure to comply with a trade deal. He did not specify the legal authority for this increase, following a Supreme Court ruling that struck down his previous tariff approach. The EU has warned that this move could jeopardize the trade agreement with the US. Existing 25% tariffs under national security claims remain in place, affecting major European automakers like Mercedes, BMW, and Volkswagen.