World Business Report - Trump announces 25% tariffs on cars from the EU

Download Trump announces 25% tariffs on cars from the EU

The US President Donald Trump has announced a new hike on cars and trucks imported from the European Union, accusing the EU of not adhering to their trade deal.

In the meantime, Beijing has announced that fifty-three African states will be enjoying trade-free trade with China - all except one, the small land-locked state Eswatini, as it recognises Taiwan.

And in France there is confusion over a new law allowing bakeries to stay open on the 1st of May.

Picture: "U.S. President Donald Trump attends an event at The Villages Charter School at The Villages". Credit: Reuters

Published on Friday, 1st May 2026.

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