Automakers

How much the China, U.S. trade war will cost BMW, Daimler and U.S. automakers

BMW SUVs are shown at the automaker's U.S. plant in South Carolina. (Luke Sharrett/Bloomberg)
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By:
Oliver Sachgau and David Welch
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By:
Bloomberg
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August 26, 2019 09:30 AM

When China responded to President Donald Trump's trade war with an extra 25 percent tariff on U.S.-made cars in mid-2018, the move cut the number of vehicles exported from America by half.

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