Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Trump raises EU auto tariffs to 25 per cent, flags pressure on trade deal

IANS
Updated: May 2nd, 2026, 12:00 IST
in Business, International
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Washington: US President Donald Trump Friday said he has raised tariffs on cars and trucks from the European Union to 25 per cent, accusing the bloc of failing to comply with an existing trade agreement, while also signalling continued uncertainty over negotiations with Iran.

“We raised the tariffs on cars coming in from the European Union because the European Union was not adhering to the trade deal we have,” Trump told reporters before departing on Marine One.

Also Read

Pic Credit: XDA developers

Telegram restrictions imposed after less restrictive measures failed: Centre tells Delhi HC

8 hours ago
Pete Hegseth

Pentagon chief criticises NATO allies, orders review of US forces in Europe

9 hours ago

“I raised the tariffs on cars and trucks to 25 per cent. That’s billions of dollars coming into the United States, and it forces them to move their factory production much faster.”

He said the move was aimed at pushing manufacturers to shift production to the United States. “We have right now in the United States over $100 billion of car plants being built — it’s a record. We’ve never had anything like it,” Trump said, citing investments from Japan, South Korea, Canada and Mexico.

On Iran, Trump said talks were ongoing but far from complete. “They want to make a deal, but I’m not satisfied with it, so we’ll see what happens,” he said.

He described Iran’s leadership as fragmented. “They all want to make a deal, but they’re all messed up,” Trump said, adding that the country’s leadership was “very disjointed” and unable to agree internally.

Trump said Iran’s military capacity had been severely weakened. He asserted that the country had “no navy” and “no air force”, and that its leadership was struggling to function effectively.

Despite the rhetoric, Trump indicated he preferred a diplomatic outcome. “Do we want to go and just blast the hell out of him and finish him forever, or do we want to try and make a deal?” he said. “I’d prefer not, on a human basis.”

He also defended his decision not to seek Congressional approval for military action, saying such authorisation had “never been sought before” and was widely viewed as “totally unconstitutional”.

On the domestic front, Trump pointed to economic indicators as evidence of strength. “The stock market is hitting record numbers. We have more people working in the USA today than we’ve ever had working,” he said.

He acknowledged high fuel prices but said they would fall once tensions ease. “When the war ends… gasoline prices are going to tumble,” Trump said, referring to large volumes of oil currently unable to move through key shipping routes.

Trump reiterated his “America First” approach in economic decisions, including a possible intervention to support Spirit Airlines. “We’d like to save the jobs, but only if it’s a good deal… we have to come first,” he said.

He also said he had “great respect for Pakistan” and that its leadership was “working with us” on regional matters.

Trump confirmed plans for a future visit to China, calling it “an amazing event”, and said Lebanese and Israeli leaders were expected to visit the White House.

The tariff move marks a renewed escalation in US-EU trade tensions, particularly in the automotive sector, which has long been a focal point of disputes over tariffs and market access.

US policy towards Iran has combined sanctions, diplomacy and military pressure in an effort to curb Tehran’s nuclear ambitions. Talks have remained fragile, with divisions within Iran’s leadership complicating efforts to reach an agreement.

 

Orissa POST – Odisha’s No.1 English Daily

 

Tags: EUTariffTrump
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019

Archives

Editorial

Sanitising Mohenjo-daro

June 17, 2026

India is being shown in such a poor light that it does not stand comparison on the question of a...

Read moreDetails

US-Iran MoU

US-Iran
June 16, 2026

Finally, the much-awaited biggest diplomatic breakthrough in the US-Israel war with Iran has been made with the US and Iran...

Read moreDetails

War & Literature

kyiv
June 15, 2026

Kyiv saw a unique phenomenon recently when thousands of readers gathered at a literary festival defying air raids only to...

Read moreDetails

Mapping New India

June 14, 2026

Aakar Patel   A ‘New India’ has come upon us at such a rapid pace that it is important to...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST