
Latest Trump threat: 50% tariffs on EU goods from 1 June
In his latest slew of trade threats, President Trump has announced a 50% tariff on all EU imports to the U.S., effective June 1, escalating trade tensions that heavily impact automakers. European carmakers, already grappling with earlier U.S. tariffs on vehicles and parts, face significant challenges under this new measure, which threatens to upend trade logistics and profitability.
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Originally posted on: https://www.automotiveworld.com/news/latest-trump-threat-50-tariffs-on-eu-goods-from-1-june/