Investing for tariff exemptions? Germany's three major automakers reportedly negotiating directly with the U.S. government

Wallstreetcn
2025.05.29 00:01
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Germany's three major automakers, BMW, Mercedes-Benz, and Volkswagen, are negotiating with the U.S. Department of Commerce to seek tariff exemptions by increasing their investments in the United States. The negotiations aim to secure a tariff-free quota for cars exported to the U.S., although the specific amount is still unclear. The three companies hope to reach an agreement by June, but none have commented on the matter so far. The German automotive industry is under pressure from U.S. tariff policies and is facing a dilemma of weak demand and intense competition