BMW: Tariffs Mean Higher Prices in China for U.S.-Made SUVs
The news comes after China raises the import tax on cars from the United States to 40 percent in retaliation for higher tariffs on Chinese goods imposed by President Trump.FRANKFURT, Germany—Automaker BMW says it will have to raise prices on the U.S.-built SUVs it sells in China due to higher tariffs.
China raised the import tax on cars from the United States to 40 percent in retaliation for higher tariffs on Chinese goods imposed by President Donald Trump.
The dpa news agency reported that the Munich-based company said Monday it is “not in a position to completely absorb the tariff increases.”
BMW builds key SUV models in Spartanburg, South Carolina, where it employs 10,000 people. Those vehicles are exported to 140 countries, making BMW the largest U.S. auto exporter.
Trump has imposed tariffs to counter what he says are unfair trading practices that include Chinese requirements that U.S. firms transfer key technology as the price of doing business.
TRUTHDIG’S JOURNALISM REMAINS CLEARThe storytellers of chaos tried to manipulate the political and media narrative in 2025, but independent journalism exposed what they tried to hide.
When you read Truthdig, you see through the illusion.
Support Independent Journalism.
The suit is meant to block the Trump administration from revoking the authority of the nation's most populous state to set standards.
The deal with Ford, BMW, Honda and Volkswagen bypasses a Trump administration push to freeze greenhouse-gas emission standards at 2021 levels.
The African country is the world’s largest producer of the mineral—a vital ingredient in lithium-ion batteries for electric cars, smartphones and laptops. But Congolese are suffering as a result.
There's a scientific reason you should ignore what your mom taught you and leave your bed unmade every day; a writer ponders whether newly minted Labour Party leader Jeremy Corbyn can undo what Tony Blair did to the party; meanwhile, a black woman says she was detained in a mental hospital for over a week because cops didn't believe her BMW belonged to her. These discoveries and more after the jump.
A new policy approved by the EPA will allow states to permit the sale of fuel that contains up to 15 percent ethanol, and the difference could damage your car.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.