【SMM Steel】EU will respond to Trump's 25% auto tariffs

Published: May 5, 2026 13:58
【SMM Steel】The EU will take necessary measures to protect its interests if Trump imposes new 25% tariffs on EU cars, an EC spokesperson said. Trump announced he will raise tariffs on EU cars/trucks to 25% next week, claiming the bloc is not adhering to a previous trade agreement signed in summer 2025 that capped US tariffs on EU cars/parts at 15%. The EU says it is fulfilling its obligations. The EU has previously considered trade measures, including €93bn in retaliatory tariffs. German companies cut US investments by ~45% in the first year of Trump's second term due to trade uncertainty.

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【SMM Steel】The EU will take necessary measures to protect its interest - Shanghai Metals Market (SMM)