Lates News

date
30/05/2025
According to the report from the German "Handelsblatt" on the 27th, German car manufacturers BMW, Mercedes-Benz, and Volkswagen are negotiating with the US Department of Commerce on a possible tariff agreement, hoping to obtain some tariff exemptions for their investments in the United States. According to the "Handelsblatt" report, under the proposed plan, the three major German car manufacturers will increase their investments in the United States to obtain tariff exemptions for exporting cars to the United States, but the specific amounts are still unclear at the moment. These car manufacturers hope to reach an agreement with the US Department of Commerce in June through negotiations. Currently, Volkswagen, Mercedes-Benz, and BMW have all declined to comment on any negotiations with the US government.