Business Insider
Trump says he's raising tariffs on European cars to 25%
President Donald Trump wrote that he will increase the tariff on imported European cars to 25%. Ina FASSBENDER / AFP via Getty Images In a Truth Social post, the president said tariffs on EU-built cars will rise to 25% next week. Negotiators had pushed the tariff rate down to 15% — but Trump said members were "not complying." Trump also boasted about recent investments in US automaking plants. President Donald Trump said he plans to raise tariffs on cars and trucks imported from the Europea...