Automakers

European automakers brace for possible Trump tariffs

Donald Trump 2024 election campaign
Donald Trump's reelection could trigger a sharp downturn in transatlantic trade relations. (BLOOMBERG)
February 11, 2024 05:25 PM

European automakers, especially German brands Mercedes-Benz and BMW, could face punitive tariffs on their exports to the U.S. if Donald Trump gains another presidential term.

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