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Today: March 31, 2025
Today: March 31, 2025

BMW calls for transatlantic deal to prevent spiral of tariffs

A logo of BMW is seen inside a car dealer in Nijmegen
March 27, 2025
Reuters - Reuters

BERLIN (Reuters) - German carmaker BMW on Thursday urged the European Union and United States to strike a deal to prevent a spiralling trade conflict, in a statement issued in response to President Donald Trump's announcement of new car tariffs.

"A trade conflict between these economic regions would not have any benefits," the company said in the emailed statement.

"Both sides should therefore promptly find a transatlantic deal that creates growth and prevents a spiral of isolation and trade barriers."

(Reporting by Ilona Wissenbach, Writing by Rachel More; Editing by Ludwig Burger)

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