business

European carmakers take €8bn hit from Trump tariffs

Financial Times · May 10, 2026, 4:00 AM · Also reported by 1 other source

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Read full story on Financial Times → More top stories

Also covered by

The Hill Trump, frustrated by courts, sees his tariff policies take new hit

Aggregated and edited by the Scoop newsroom. We surface news from Financial Times alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

European carmakers take €8bn hit from Trump tariffs

Also covered by

More in business