Wire›2026 05 02›New Tariff Hike Could Cost Germany 18bn

The Wire/May 2, 2026

1 outlet

New tariff hike could cost Germany $18BN

In addition to withdrawing troops from Germany, Donald Trump is escalating his trade dispute with the European Union. He says tariffs on cars and trucks will rise to 25 percent next week because the bloc is not complying. That is 10 percentage points higher than the rate agreed i

First seen · 3:24 PM UTCMay 2, 2026

How it's being covered

Methodology →

LeftCenterRight

0Left · 0%0Center-Left · 0%1Center · 100%0Center-Right · 0%0Right · 0%

Covering this story

Sorted left → right

France 24
CenterFrance Médias Monde
New tariff hike could cost Germany $18BNIn addition to withdrawing troops from Germany, Donald Trump is escalating his trade dispute with the European Union. He says tariffs on cars and trucks will rise to 25 percent next week because the bloc is not complying. That is 10 percentage points higher than the rate agreed i
3:24 PM UTC

Also happening today

Primož Trubar Day

Primož Trubar Day is observed in Slovenia (dan Primoža Trubarja). Recognized nationally.

Day of Madrid

Day of Madrid is observed in Spain (Fiesta de la Comunidad de Madrid). Regional observance.

Also on this date in history

Two mudslides in Badakhshan, Afghanistan, leave up to 2,500 people missing.

A pastel version of The Scream, by Norwegian painter Edvard Munch, sells for $120 million in a New York City auction, setting a new world record for a work of art at auction.

Osama bin Laden, the suspected mastermind behind the September 11 attacks and the FBI's most wanted man, is killed by the United States Navy SEALs in Abbottabad, Pakistan.