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Saturday, July 7, 2018

Tariffs on U.S.-made models will mean pricier BMWs in China

German luxury automaker BMW said on Friday that it will be unable to "completely absorb" a new Chinese 25 percent tariff on imported U.S.-made models and will have to raise prices on the vehicles it makes in Spartanburg, South Carolina.


from Reuters: Business News https://ift.tt/2KPMb6B

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