BR100 Decreased By (-0.88%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.77%)
AGHA 6.66 Decreased By ▼ -0.02 (-0.3%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.10 Decreased By ▼ -1.22 (-2.13%)
BOP 30.05 Decreased By ▼ -0.30 (-0.99%)
CNERGY 12.90 Decreased By ▼ -0.22 (-1.68%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.00 Decreased By ▼ -0.79 (-1.5%)
FFL 14.48 Decreased By ▼ -0.24 (-1.63%)
FNEL 1.22 Increased By ▲ 0.10 (8.93%)
KEL 6.10 Increased By ▲ 0.01 (0.16%)
KOSM 5.93 Increased By ▲ 0.20 (3.49%)
LOTCHEM 26.25 Decreased By ▼ -0.21 (-0.79%)
MLCF 91.02 Decreased By ▼ -2.14 (-2.3%)
NBP 163.90 Decreased By ▼ -0.76 (-0.46%)
NCPL 52.90 Decreased By ▼ -2.76 (-4.96%)
NPL 58.20 Decreased By ▼ -2.96 (-4.84%)
OGDC 313.70 Decreased By ▼ -3.03 (-0.96%)
PACE 9.78 Decreased By ▼ -0.09 (-0.91%)
PAEL 35.10 Decreased By ▼ -0.53 (-1.49%)
PIBTL 14.63 Decreased By ▼ -0.05 (-0.34%)
PPL 221.20 Decreased By ▼ -5.71 (-2.52%)
PRL 90.94 Decreased By ▼ -2.08 (-2.24%)
PTC 59.17 Decreased By ▼ -1.09 (-1.81%)
SSGC 23.24 Decreased By ▼ -0.57 (-2.39%)
TBL 8.74 Decreased By ▼ -0.01 (-0.11%)
TELE 7.63 Decreased By ▼ -0.17 (-2.18%)
TPL 22.00 Decreased By ▼ -0.35 (-1.57%)
TPLP 12.55 Decreased By ▼ -0.42 (-3.24%)
TREET 21.64 Decreased By ▼ -0.52 (-2.35%)
TRG 56.20 Decreased By ▼ -0.36 (-0.64%)
World

Trump says he will raise tariffs on EU autos to 25%

  • 'Based on the fact the European Union is not complying with our fully agreed to Trade Deal,' Trump
Published Updated
By

WASHINGTON: U.S. President Donald Trump on Friday said he would be increasing tariffs on cars and trucks from the European Union to 25%, saying the EU had not complied with its trade deal.

“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,” he wrote in a social media post.

“It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF,” Trump added.

EU ‘expects’ US to honour trade deal as Trump hikes tariffs

Comments

200 characters remaining