Tag: EU retaliation
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BMW, Audi and Mercedes STRIKES BACK and SHOCKED U.S. Auto Industry —Trump’s Reaction Says It All!
BMW, Audi and Mercedes STRIKES BACK and Surprised U.S. Auto Industry– Trump's Response Says It All. In a stunning overnight exodus, Mercedes-Benz, BMW, and Audi– icons of international vehicle eminence– deserted the American market, activated by a single, destructive policy: President Trump's 200% tariff on foreign-made cars and trucks and parts. Declared via a late-night…
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German Just FROZE U.S. Car Shipments — Trump Didn’t See This Coming!
German automakers Volkswagen, Mercedes-Benz, BMW, Audi, and Porsche deal with an alarming crisis in 2025, with net earnings plunging over 40% in Q1 due to slumping sales in China and escalating U.S. tariffs. On May 23, President Trump announced a 50% tariff on EU imports, reliable June 1, unless production shifts to the U.S., sending…