US Tariffs on Euro Car and Truck: US has now imposed 25% tariff on cars and trucks of this country, Trump said – was not following the trade deal.

The US President has conducted a surgical strike against Europe. Yes, that means the tariff war has been imposed on European countries by the Trump administration. President Donald Trump has announced this by issuing a statement. After President Trump’s announcement, it is considered certain that there will be economic turmoil at the global level. He has given information about this decision through a post on social media Truth.

Trump said in his statement that he is pleased to announce that, based on the fact that the European Union is not fully adhering to our agreed trade agreement. Next week, tariffs imposed by the European Union on cars and trucks coming into the United States will be increased.

It is understood that tariffs will be increased: Trump

Trump said that the tariff will be increased to 25%. It is completely understood that if they make cars and trucks in American plants, there will be no tariffs. Several automobile and truck plants are currently under construction. More than 100 billion dollars are being invested in these. A record in the history of car and truck manufacturing. These plants, in which American employees will work, are going to open soon. What is happening in America has never happened before.

Trump’s statement has come at a time when there is a situation of war in Iran. America has suffered a lot of loss in this war. Trump has decided to impose tariffs on many countries of the world. Now after this new order, it is natural for Europe’s concern to increase. America and Israel started a war in the Middle East on February 28 by taking joint action against Iran.

Also read: Middle East Conflict: On one hand US-Israel is threatening Iran with military action, on the other hand UN is warning, situation is worsening every hour.

Source

Leave a Reply