The US and China are going through what most experts call a ‘trade war’. Both countries imposed bigger taxes on imported goods and things are now escalating. Recently, China has introduced a 25 percent surcharge…
Today, BMW said it will raise the prices of the X5 and X6 models made for China to cope with the additional cost of tariffs on U.S. car import. BMW said in a statement to Reuters…
Tensions have been high these past few months. With US President Donald Trump threatening the EU, and Germany especially, with trade tariff increases for cars, many German car companies, and US companies as well, have…
Just recently, we were talking about how BMW remained quite tight lipped about the whole Trump tariff issue and how the Bavarians have been typically diplomatic about the whole thing. And while that may work…
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