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Trump Hikes EU Car Tariffs to 25%
Description
President Trump announces a 25% tariff hike on EU cars and trucks, citing trade deal violations. He offers a carrot: no tariffs if EU makers build in US plants. Germany, the top EU exporter to the US, may feel the impact. The trade deal has been rocky, with suspensions earlier this year. This move could escalate tensions and test the limits of both sides flexibility.
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