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Story summary
- U.S. President Donald Trump will raise EU car and truck tariffs to 25% next week.
- After a Supreme Court ruling blocked his emergency-tariff authority, the administration will invoke Section 232 of Trade Expansion Act of 1962 or Section 301.
- The EU said it will uphold commitments but may consider protective steps.
- The hike comes amid the Iran war, higher prices, slower growth, and a 30% approval rating for Trump before November.
