President Donald Trump has announced a plan to reinstate U.S. tariffs on EU car imports to 25%, claiming the EU has not met its trade agreement obligations, which, amidst the ongoing military conflict with Iran and rising fuel costs, could negatively impact both American consumers and European automakers. #TradeWar #AutomotiveIndustry #GlobalMarket #US #EU #IR #CN #DE #NL #JP #CA #AU #MX #BR




