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Trump tariff forces Euro carmakers into a two-front squeeze

Nuying Huang, Taipei

May 5, 2026, 11:59 0

Credit: AFP

US President Donald Trump ended the transatlantic tariff truce on May 1 by raising import tariffs on EU-made vehicles and auto parts from 15% back to 25%, with the new rate taking effect on May 4. The abrupt reversal is widening pressure on European...

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