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Shares in German carmakers fall after Trump tariff announcement

ReutersJul 14, 2025 7:21 AM
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- Shares in Germany's carmakers fell on Monday after U.S. President Donald Trump threatened a 30% tariff on EU imports from August 1, with no mentioning of a special treatment for autos, which remain subject to a 27.5% duty.

Shares in Volkswagen VOWG_p.DE, BMW BMWG.DE, Mercedes-Benz MBGn.DE and Porsche P911_p.DE were down 1.3% to 1.6% at 0717 GMT.

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