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03 AUG 2026 MONDAY
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EU official calls U.S. unreliable partner after Trump’s tariff hike in World Economy News 04/05/2026 The European Union’s trade committee chair criticized President Donald Trump on Friday after the U.S. leader announced plans to raise tariffs on EU vehicles to 25% next week. Bernd Lange, who chairs the European Parliament’s trade committee, said Trump’s behavior is unacceptable and shows the U.S. is an unreliable trading partner. “This latest move demonstrates just how unreliable the U.S. side is,” Lange said. “This is no way to treat close partners. Now we can only respond with the utmost clarity and firmness, drawing on the strength of our position.” Lange said the EU is honoring the Scotland Deal while the U.S. has repeatedly breached the agreement. The European Parliament is currently drafting legislation and has a parliamentary position, aiming to complete the process in June. Trump announced Friday that tariffs on EU cars and trucks entering the United States will increase to 25% next week, citing the EU’s failure to comply with an agreed trade deal. The tariff hike applies to vehicles imported from the EU, while cars and trucks manufactured at U.S. plants will face no tariffs. Source: Investing.com 2026-05-04 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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news Hellenic Shipping News ·2026-05-03

EU official calls U.S. unreliable partner after Trump’s tariff hike

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