BMW boss predicts Trump’s 25% tariffs on foreign cars will be lowered by July

The German carmaker has reported that its first quarter profits for 2025 have tumbled by 25%

The boss of BMW has predicted that Donald Trump’s tariffs on imports of foreign cars will be lowered this summer, as the German carmaker reported that its profits for the first quarter tumbled by 25%.

Oliver Zipse, BMW’s chief executive, said that he expects Trump’s 25% tariffs on the import of foreign cars will be dropped by July.

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