A trade pact between the United States and European Union had lowered US auto tariffs to 15 percent previously

A trade pact between the United States and European Union had lowered US auto tariffs to 15 percent previously

President Donald Trump said Friday that he will hike US tariffs on cars and trucks from the European Union next week, charging that the bloc is not complying with an earlier trade deal.

The pact, which was struck last summer, had capped the US tariff on EU autos and parts at 15 percent, which is lower than the 25-percent duty that Trump imposed on many other trading partners.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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