Trump Threatens to Increase EU Tariffs, EU Claims Move Targets German Car Makers

BlockBeats News, May 4th - According to CCTV News, on May 4th local time, in response to U.S. President Trump's threat to increase EU import tariffs on American cars this week, Bernd Lange, Chair of the European Parliament's Committee on International Trade, stated that Trump's decision to impose a 25% tariff on EU cars is driven by political motives and directly targets German car manufacturers.

Lange said, "These tariffs have neither legal basis nor economic justification. This is entirely politically motivated and targets Germany. The goal is German car manufacturers."