ट्रम्प ने यूरोपीय यूनियन की कार-ट्रकों पर 25% टैरिफ लगाया: कहा- व्यापार समझौते का पालन नहीं कर रहे, छूट चाहिए तो अमेरिका में मैन्युफैक्चरिंग करो

US President Donald Trump has announced that the tariff on cars and trucks coming from the European Union (EU) will be increased to 25% from next week.

Trump says that the European Union is not following the pre-arranged trade agreement, hence this decision has been taken.

He also said that if European companies make cars and trucks in America, then no tax will be imposed on them.

According to Trump, at present many new automobile and truck factories are being built in America, in which investment of more than 100 billion dollars is being made.

He claimed that this kind of investment and development had never been seen before in America. American people will get employment in these factories.

Last year there was an agreement between Trump and EU

This trade agreement was signed in July last year between Trump and European Commission President Ursula von der Leyen. The agreement is called the ‘Turnberry Agreement’, named after Trump’s golf course in Scotland.

The purpose of this agreement was to reduce the increasing trade tension between America and EU. Under this deal, both sides had agreed to balance mutual trade and reduce tariff disputes.

America had imposed 15% tariff on goods coming from EU.

According to the agreement, a 15% tariff was fixed on most goods coming to America from the EU. This was considered a big decision, because earlier the Trump administration had warned of imposing tariffs up to 30%.

In return, the EU promised to increase investment in America and make changes in some economic policies, which could boost American exports.

Although initially this deal was seen as a relief, but later differences emerged on many issues. The dispute between the US and Europe over tariffs on steel and aluminum had escalated, with countries like Germany and France opposing the US proposals.

Additionally, this year the US Supreme Court ruled that the President does not have the authority to declare an economic emergency and impose tariffs on EU goods. Subsequently the tariff limit was reduced to 10% in some cases.

A trade agreement named Turnberry Agreement was signed between Trump and European Commission President Ursula von der Leyen in July last year.

Germany and France may suffer big losses

Due to this decision by Trump, the automobile sector may have to suffer a big loss in the economy of Europe, especially countries like Germany and France.

Due to increase in tariff, European cars will become expensive in the American market, which may reduce their demand. This will have a direct impact on the profits and production of companies.

According to media reports, if exports decrease, European companies may reduce production, which may affect jobs. Additionally, a decline in exports could also slow Europe’s economic growth.

Inflation may increase in America also

This decision will also affect America. American customers will have to pay higher prices due to European cars becoming expensive. Also, options in the market may also be limited.

There are fears that the EU could retaliate and increase tariffs on American products. If this happens, the dispute could take the form of a major ‘trade war’, which would cause losses to both sides.

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