Trump's auto tariffs hit European luxury brands
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The Wall Street Journal |
About a dozen foreign-made models, including the sporty, relatively affordable BMW 3, are ensnared in President Trump’s trade war.
Reuters |
From Donald Trump turning up the heat again, to 23andMe fearing the worst, we round up the big stories in business and finance over the week to March 28.
Reuters |
Trump will impose a 25% tariff - on top of previous duties - on imports of finished vehicles starting at 12:01 a.m. EDT (0401 GMT) on April 3.
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The U.K.'s luxury car sector, operating almost entirely in the country, could be one of the biggest victims of Trump's 25% import tariffs.
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