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US plans to hike tariffs on EU cars to 25% will hit luxury market the most

Source: Al Jazeera
Category: Business
Region: General
Published: May 05, 2026 at 19:50

📝 Summary

US says it will hike tariffs to 25% because the EU has not complied with trade deal last year that set tariffs at 15%.

🔗 Read Full Article at Al Jazeera ✨ Extract Article
🏷️ Keywords:
tariffs hike plans cars luxury market most says because

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