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Trump threatens 30% tariff on EU imports, auto stocks fall

European auto could face significant difficulties if Trump follows through with his threat of a 30% tariff on imports from the bloc. By Will Girling

On 12 July 2025, US President Donald Trump told European Commission President Ursula von der Leyen in a letter that imports from the bloc will face a 30% tariff if no deal is reached by 1 August. It is not immediately clear whether this raises or is separate from the 27.5% previously advised for automotive products.

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