The import tax will go into effect next week, the president said.
President Donald Trump announced Friday that he will increase the tariffs on cars and trucks imported from the European Union to 25 percent, saying the policy will go into effect next week.
In a post on Truth Social, the president wrote that the tariffs are being imposed because he said the EU is failing to comply “with our fully agreed to Trade Deal” and that those import taxes will not be applied on cars and vehicles made in the United States.
“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. “These Plants, staffed with American Workers, will be opening soon — There has never been anything like what is happening in America today.”
Trump did not specify a day for when the tariffs will be imposed, only saying the duties would be levied next week.
The president also did not say under which authority he would implement the tariffs. The Supreme Court in February largely scrapped earlier tariffs that were brought by the Trump administration under the 1977 International Emergency Economic Powers Act.
Before the high court ruling was issued, Trump and Treasury Secretary Scott Bessent said the administration has other authorities with which to issue tariffs.
In July, Trump and European Commission President Ursula von der Leyen had agreed to a trade deal between the EU and United States that set a 15 percent tariff on most goods. Both the U.S. government and the EU had previously confirmed their commitment to preserving the trade framework, known as the Turnberry Agreement, which was named after Trump’s golf course in Scotland.
The initial agreement had been a tariff ceiling of 15 percent on goods from the EU, but the Supreme Court ruling reduced that to 10 percent as the Trump administration launched a new set of import taxes based on other laws. The Trump administration is in the middle of investigations on trade imbalances and national security risks to impose a new tariff regime.
