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

Al Jazeera · May 5, 2026, 7:50 PM · Also reported by 1 other source

Why this matters: an international story with cross-border implications worth tracking.

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

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