Overview
- President Donald Trump said he will raise tariffs on EU cars and trucks to 25% because the bloc has not carried out the Turnberry deal.
- EU lawmakers and national governments are restarting talks on legislation to cut EU tariffs on U.S. industrial goods, and many members want safeguards in the text.
- Manfred Weber, who leads the European People’s Party in Parliament, urged a fast deal so lawmakers could vote this month, though diplomats called that timeline ambitious.
- Germany faces the biggest hit from higher U.S. auto tariffs, and Chancellor Friedrich Merz pressed for a swift agreement, while the VDA auto group warned added costs would likely reach U.S. car buyers.
- Trade committee chair Bernd Lange criticized Trump’s approach and scheduled talks with lawmakers on next steps, as France’s Emmanuel Macron said the EU has tools ready if a response is needed.