News Wrap: Trump announces 25% tariffs on cars and trucks from the EU

In our news wrap Friday, Trump says he’s raising tariffs next week on cars and trucks from the EU, the Pentagon says it has made deals with seven major tech companies to use their AI tools, a former Miami congressman with ties to Rubio was convicted of secretly lobbying for Venezuela, and events have been taking place around the world to mark May Day, also known as International Workers’ Day.Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors. Amna Nawaz: President Trump says he's raising tariffs next week to 25 percent on cars and trucks from the European Union, accusing the E.U. of not complying with their trade deal.The new levies come at a time when the global economy is already reeling from the Iran war. Speaking to reporters at the White House, Mr. Trump didn't elaborate on how he'd hike the tariffs or why he chose to do so now. President Donald Trump: We raised the tariffs because they were not -- as usual, they were not adhering to the agreement that we have. We have a trade deal with the European Union. They were not adhering to it. Amna Nawaz: Mr.