BMW shares rallied the most in more than three years after U.S. President Donald Trump said China had agreed to remove painful tariffs on imported U.S.-built cars shipped to the world's biggest automotive market. Daimler and Volkswagen Group also rose sharply.
OS
By:
Oliver Sachgau
December 03, 2018 05:00 AM
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Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.
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