Revision History

President Trump announced on May 1, 2026 that he will raise tariffs on European Union cars and trucks to 25%, accusing the bloc of failing to comply with the bilateral trade deal struck in July 2025. The move targets a €38.9 billion annual flow of vehicles from Europe to the United States and could add thousands of dollars to the sticker price of imported models from BMW, Mercedes-Benz, Volkswagen, and Porsche, while reigniting a retaliatory cycle that has already hit American bourbon, Harley-Davidson motorcycles, and agricultural exports.