Trump’s 25% tariffs on cars spark fierce backlash from Europe

U.S. President Donald Trump signed an executive order imposing 25% tariffs on all imported vehicles, sparking strong backlash from European leaders, industry experts, and trade bodies. The tariffs, set to take effect on April 2, target the European Union’s trade surplus in the automotive sector. Critics, including French President Emmanuel Macron and German automotive industry leaders, warned that the move could damage global supply chains, fuel inflation in the U.S., and hurt European exports. Some automakers, like Ferrari, announced price hikes, while analysts noted Tesla would be the least affected. Experts cautioned that the tariffs could escalate into a trade war with no clear winners.

Source: CGTN