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U.S. President

Trump announces 25% tariff on EU-imported cars and trucks

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Trump announces

WASHINGTON: U.S. President Donald Trump has announced a sharp increase in tariffs on cars and trucks imported from the European Union, raising the rate to 25%.

In a statement posted on his social media platform Truth Social, Trump said the European Union was not complying with the agreed trade deal. He added that tariffs on EU vehicles would be significantly increased starting next week.

The president stated that imported cars and trucks from the EU would now face a 25% tariff, while vehicles manufactured in the United States would not be subject to any such duties.

Trump further said that if European automakers establish production facilities in the United States, they would avoid tariffs entirely.

He noted that several automobile and truck manufacturing plants are currently under construction in the country, representing more than $100 billion in investment.

He emphasized that these factories would employ American workers and would be launched soon, claiming that the current level of industrial activity in the United States is unprecedented.

Trump raises global tariffs to 15% despite Supreme Court ruling

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Trump raises global

Washington: U.S. President Donald Trump announced an increase in global tariffs from 10% to 15% following a recent Supreme Court verdict.

In a statement, Trump said he is raising the global tariffs previously imposed on several countries, citing decades of exploitation of the United States by these nations. He added that his administration will legally determine new tariffs in the coming months.

Earlier, the U.S. Supreme Court had ruled that the additional tariffs imposed on other countries were illegal, noting that the law under which they were applied was intended for national emergencies and does not authorize the president to impose extra tariffs.

Responding to the court’s decision, Trump asserted that he retains the authority to act as he sees fit, warning that the temporary satisfaction of other countries would not last.

Following the ruling, Trump had initially imposed a 10% tariff on all countries immediately, before later announcing the hike to 15%.

US has enough nuclear weapons to destroy world 150 times: Trump

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US

WASHINGTON: U.S. President Donald Trump has claimed that Pakistan, along with several other countries, is conducting nuclear tests without informing the international community.

In an interview, Trump said these nations are carrying out tests “deep beneath the ground,” creating only slight tremors that make detection difficult.

The US president stated that America possesses enough nuclear weapons “to destroy the world 150 times,” but emphasized that the United States does not seek to use them. “We don’t want to use nuclear weapons, but we want to test and ensure their effectiveness,” he added.

Meanwhile, China rejected Trump’s remarks, calling them “baseless.” Beijing reiterated that as a responsible nuclear power, its nuclear strategy remains purely defensive in nature.

On the other hand, US President Donald Trump has expressed his desire to make America the “champion” of cryptocurrency.

In an interview, Trump said that crypto has become the world’s largest industry, and the United States currently leads all countries, including China, in this field. “I want America to be the champion in cryptocurrency,” he declared.