Trump says he's hiking tariffs on EU cars and trucks to 25%

Politics Trump says he's hiking tariffs on EU cars and trucks to 25% By Kathryn Watson Kathryn Watson Politics Reporter Kathryn Watson is a politics reporter for CBS News Digital, based in Washington, D.C. Read Full Bio Kathryn Watson May 1, 2026 / 12:30 PM EDT / CBS News Add CBS News on Google Washington — President Trump said Friday that he's hiking tariffs on cars and trucks imported from the European Union to 25%, accusing the EU of failing to comply with a deal struck last year."I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States," the president wrote on Truth Social. "The Tariff will be increased to 25%."Last summer, the U.S. and the EU reached an agreement under which the U.S. imposed a 15% tariff on imports of European cars, pharmaceuticals and other products. The president said the levy won't apply for vehicles produced in the U.S. Heavy-duty trucks already have a 25% tariff rate."It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF," he added.  .component--type-recirculation { .item:nth-child(7), .card-recirc:nth-child(7) { display: none; } } #inline-recirc-item--id-5416b046-fcb8-49a9-a795-4f3912496d4d, #right-rail-recirc-item--id-5416b046-fcb8-49a9-a795-4f3912496d4d { display: none; } #inline-recirc-item--id-5416b046-fcb8-49a9-a795-4f3912496d4d ~ .item:nth-child(7) { display: block; } © 2026 CBS Interactive Inc. All Rights Reserved.