In his latest slew of trade threats, President Trump has announced a 50% tariff on all EU imports to the US, effective 1 June, escalating trade tensions that heavily impact automakers. European carmakers, already grappling with earlier US tariffs on vehicles and parts, face significant challenges under this new measure, which threatens to upend trade logistics and profitability.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?