BMW

Trump’s EU Tariff Deal Cuts Car Tariffs to 15%: What This Means for BMW and the Auto Industry

In a significant development for the auto industry, former U.S. President Donald Trump and European Union officials reached a new trade agreement aimed at easing tariff tensions between the two economic powerhouses. This deal notably reduces tariffs on most European Union goods, including new cars, from a steep 27.5% to 15%. While this reduction does…

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