More on the tariffs (NYT)
President Trump said Friday that he planned to increase tariffs on European cars and trucks because the European Union was not complying with a trade deal agreed to with the United States.
Mr. Trump said the tariff would increase to 25 percent beginning next week. The United States had lowered auto tariffs for the European Union to 15 percent as part of a trade deal between the governments, but U.S. officials have complained that the European Union isn’t moving fast enough to put it in place.
In February, the Supreme Court curtailed the president’s use of tariffs, saying that he had exceeded his authority in using an emergency law to impose tariffs. But the tariffs on European cars were issued under a separate, national security-related law, Section 232 of the Trade Act of 1964, and are not affected by the Supreme Court ruling.
“The European Union is not complying with our fully agreed to Trade Deal,” the president said a post on Truth Social.
The European Union has moved forward with the deal in recent weeks, pushing it through a key stage in the European Parliament, but it has still been going through final negotiations before ratification.