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News Wire / economy

Bazaar Traders Face Economic Hardship Under Blockade

Business FM Russia Washington D.C. 12d9d Impact 10

Donald Trump noted that more than $100 billion has been invested in the construction of passenger and truck manufacturing plants in the United States. Trump stated the EU is not complying with its trade deal with the U.S., though he did not specify the nature of the non-compliance. Trump announced via Truth Social that the tariff increase on EU cars and trucks will occur next week, citing EU non-compliance with trade deals. Vesti FM reports the President will set import tariffs on EU passenger cars and trucks at 25 percent. This move follows a period of escalating trade tensions. He renewed threats to destroy the Islamic Republic if diplomacy fails. The comments were made today prior to his departure for a meeting in Florida. Trump stated he wants an agreement but is not satisfied with the current Iranian proposition.

Donald Trump noted that more than $100 billion has been invested in the construction of passenger and truck manufacturing plants in the United States. Trump stated the EU is not complying with its trade deal with the U.S., though he did not specify the nature of the non-compliance. Trump announced via Truth Social that the tariff increase on EU cars and trucks will occur next week, citing EU non-compliance with trade deals. Vesti FM reports the President will set import tariffs on EU passenger cars and trucks at 25 percent. This move follows a period of escalating trade tensions. He renewed threats to destroy the Islamic Republic if diplomacy fails. The comments were made today prior to his departure for a meeting in Florida. Trump stated he wants an agreement but is not satisfied with the current Iranian proposition. Trump reiterated claims regarding the destruction of Iranian nuclear capabilities. Donald Trump stated that Iranian leaders are highly divided into two to four groups, complicating potential agreements. The Iranian President stated that the US maritime blockade is intolerable following Trump's claims regarding Iranian nuclear capabilities. The source stated that the blockade has a more negative impact on the economy than war, as the economy did not appear to be collapsing during previous periods of conflict.

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automotive industry investment manufacturing

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Sources · 7 independent

Business FM Russia

“Сейчас строится много заводов по производству легковых и грузовых автомобилей, в которые инвестировано более 100 миллиардов долларов, что является рекордным показателем в истории, отметил Трамп.”

BBC World Service

“President Trump says he'll be increasing tariffs on cars and truck.”

NDR Info

“Auf seinem Online-Dienst Truth Social schrieb Trump, die Europäische Union halte das vereinbarte Handelsabkommen nicht ein. Deshalb werde der Zollsatz auf europäische Autos und Lastwagen auf 25% erhöht.”

MDR Aktuell

“US-Präsident Donald Trump will die Zöll auf Autos und Lkws aus der Europäischen Union anhängen. Trump erklärte abends der Woche sollten 25 Prozent.”

BR24

“Und US-Präsident Trump will die Zölle auf Autos aus der EU nun auf 25 Prozent erhöhen.”

BBC WS backup

“President Trump says he'll be increasing tariffs on cars and trucks being imported from the European Union from 15 to 25 per cent next week.”

MDR Aktuell

“Trump erklärte abends der Woche sollten 25 Prozent. Ja, wenn das heute ...”

Real FM 97.8 Athens

“Αύξης 25% από την επόμενη εβδομάδα στους δασμούς, αυτοκίνεται και φουρτιγά από την Ευρωπαϊκή Ένωση, ανακίνωσε με ανάρτηση του Αμερικανός Προέδρος”

ABC NewsRadio AU

“President Trump says he'll be increasing tariffs on cars and trucks being imported from the European Union from 15 to 25 percent.”

BR24

“auf 25 Prozent erhöhen.”

TSF Notícias

“Trump vai aplicar tarifas de vinte e cinco por cento aos automóveis e camiões fabricados na União Europeia através de uma mensagem publicada na rede social”

ABC NewsRadio AU

“trucks being imported from the European Union from 15 to 25 percent.”

NPO Radio 1

“Het tarief geldt niet voor auto's van Europese merken die in de VS zijn gemaakt. Trump zegt dat Europa zich niet houdt aan de vorig jaar afgesloten handels overeenkomst.”

France Info

“Le président des États-Unis, insatisfait par la proposition de paix formulée par l'Iran, Donald Trump le fait savoir depuis les jardins de la Maison Blanche ce soir”

Inforadio RBB

“Präsident Trump aus Washington... Seine Begründung, die EU, habe sich nicht an das vollständig mit den USA vereinbarte Handelsabkommen gehalten.”

COPE

“el presidente Trump ha anunciado que, y por sorpresa, primero lo había dicho en un mensaje en redes sociales, una nueva subida de Herencelles, a coches y camiones, hecho es en la Unión Europea”

WLS-AM 890 Chicago

“Mayday protests retooled to protest the president and billionaires. Businesses closing from San Francisco to South Carolina. No more, no more billionaires. They're at Trump Tower”

COPE

“el presidente Trump ha anunciado que, y por sorpresa, primero lo había dicho en un mensaje en redes sociales, una nueva subida de Herencelles, a coches y camiones”

COPE

“ese 25% adicional, aún 15% que ya estaba aplicado va a ser...”

COPE

“ese 25% adicional, aún 15% que ya estaba aplicado va a ser... Así que subí el arancel a los coches y camiones al 25% miles de millones de dólares entrando a Estados Unidos.”

Radio Monte Carlo Uruguay

“el presidente de Estados Unidos, Donald Trump, acusó este viernes a la Unión Europea de incumplir el acuerdo comercial bilateral que mantienen y anunciando como represalia la semana”

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