The US president announced that car and truck imports will be subject to a 25% tariff, up from 15%, starting from the week of Monday, May 4.
Posted by Freewhale98
The US president announced that car and truck imports will be subject to a 25% tariff, up from 15%, starting from the week of Monday, May 4.
Posted by Freewhale98
2 Comments
1. Summary
Donald Trump has not given up on his trade war. On Friday, May 1, the US president again threatened the European Union with retaliatory tariffs. In a post on his social network, Truth Social, he announced that car and truck imports from Europe would be subject to a 25% tariff – up from the current 15% – starting from the week of May 4.
2. How is this related to the sub
(1) Iran War aftermath & Tariff War: After humiliation in Iran, Americans return to their favorite emotional venting, tariff.
I can’t read the whole article but does it say anywhere what method he’s using for these tariffs? Or is he ignoring the court and back to his same old bullshit?
Also, what trade deal is Trump claiming they violated? Last I remember it was nothing more than a mutual agreement related to tariffs. Not a signed trade deal. Not really even a framework for a future deal.