US plans to hike tariffs on EU cars to 25% will hit luxury market the most
- Posted on May 5, 2026
- By Al Jazeera
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- 1 min read
US plans to hike tariffs on EU cars to 25% will hit luxury market the most
US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.