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Trump vows 25% tariff on European automobiles

DeFi Daily News by DeFi Daily News
May 1, 2026
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Trump vows 25% tariff on European automobiles
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On Friday, President Trump announced he would increase tariffs on cars and trucks from the European Union to 25% next week from the previously agreed 15%, saying ​the bloc had not complied with its trade deal with Washington. LiveNOW’s Anna Marsick brings economist from the Financial Time, Soumaya Keynes to discuss.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: autoAutomobilescarsEuropeanEuropean automobilesEuropean Unionfox liveNewsnews todayPoliticstarifftariffstrucksTrumpunited statesVows
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