will-impose
Trump threatens German carmakers with 35 percent U.S. import tariff
January 16, 2017 by admin · Leave a Comment
Shares in German carmakers BMW , Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market. All three carmakers have invested heavily in factories in Mexico, where production costs are lower than the United
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Trump threatens German carmakers with 35 percent U.S. import tariff