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THENATIONALPULSE (Pulse Wires) - Trump Slaps New Tariffs on European Union.

President Donald J. Trump has announced a 25% tariff on cars and trucks manufactured in the European Union (EU). The tariffs are set to take effect next week.

President Donald J. Trump has raised tariffs on vehicles made in the European Union (EU), saying the bloc has failed to comply with the terms of its trade agreement with the U.S. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has announced a 25 percent tariff on cars and trucks manufactured in the European Union (EU). The tariffs are set to take effect next week. DETAIL: On Friday, President Donald J. Trump announced that cars and trucks made in the EU would be hit with a 25 percent tariff starting next week . The President said the tariff was a response to the EU’s failure to comply with the terms of its trade deal with the U.S. Trump emphasized that vehicles made in U.S.-based facilities would not be subject to the new…Open