TRUMP THREATENS EUROPEAN UNION WITH 25% TARIFFS ON CARS AND TRUCKS WASHINGTON – President Donald Trump threatened to increase tariffs on cars an trucks from the European Union in retaliation for what he alleged was the EU's failure to comply with a trade agreement. “I am pleased to announce that, 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,” Trump said May 1 on social media. “The Tariff will be increased to 25%.” Full article: https://www.msn.com/en-us/news/world/trump-threatens-european-union-with-25-tariffs-on-cars-and-trucks/ar-AA22btpO?ocid=msedgntp&pc=HCTS&cvid=69f5228c001f4946a40f2a8b1470c4ca&ei=20(FXHedge)