BERLIN (Reuters) - BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff, the German automaker's CEO Oliver Zipse said on Tuesday.
Trump has not yet executed the range of tariffs he had indicated, he maintains that they remain a possibility,
BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court's website.
The European automotive industry faces rising tensions as BMW and Tesla Shanghai file lawsuits against the European Commission
The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector as it faces mounting pressure to ease green targets for an industry beset by Chinese competition.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
Tesla and Germany’s BMW are suing the European Commission, joining a growing band of Chinese automakers to oppose the European Union on its punitive tariffs on electric vehicles.
Elon Musk’s Tesla and Bayerische Motoren Werke AG (BMW) have sued the European Union’s (EU) executive, adding to a flurry of cases by Chinese carmakers attacking tariffs peaking at 45% on imports of electric vehicles (EVs) into the bloc.
There’s been considerable talk lately of a tariff war brewing, but some shots have already been fired by the European Union with both Tesla and BMW in turn suing. That’s right, the German and American automakers have both filed suit against the European Commission because of tariffs levied against their cars.
Elon Musk's Tesla and German auto giant BMW have challenged EU import tariffs on China-made electric vehicles at the bloc's top court, the European Commission said Monday.
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