VW may avoid 25% Trump tariff, but BMW faces trade levy
ReutersMar 6, 2025 9:17 PM
DETROIT, March 6 (Reuters) - VolkswagenVOWG_p.DE said Thursday that its vehicles made in North America comply with the United States-Mexico-Canada Agreement (USMCA), meaning they will likely avoid being subject to the 25% tariffs U.S. President Donald Trump has imposed on imports from Mexico and Canada which do not comply with the trade deal's rules.
A spokesperson for BMWBMWG.DE said vehicles made in the United States and Mexico do not comply with the rules of the trade deal, potentially subjecting it to the steep duties.
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