European cars and trucks face 25% US tariff under Trump plan

32 articles · Updated · MarketWatch · May 1

US-traded shares of Ferrari fell 1.5% and Stellantis 1.9% after Trump said the higher tariff would take effect next week.
In a Truth Social post, Trump said the move responded to the European Union not complying with a fully agreed trade deal.
He added that cars and trucks produced in US plants would face no tariff, signalling pressure on European automakers to shift manufacturing.

With new 25% tariffs looming, will US consumers see car prices soar or get relief from recent industry refunds?

Trump's 25% tariff defies the 15% 'Turnberry Deal' ceiling. Is the transatlantic trade pact now officially dead?

Will the EU deploy its powerful 'trade bazooka' for the first time in response to the new US auto tariffs?