BMW CEO proposes cutting EU import tariff to equal current 2.5% U.S. tariff

On January 28, BMW CEO Oliver Zipse said that his company will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10%, in line with the current U.S. import tariff. The European Commission will host European automakers, suppliers and trade unions for a first round of talks on J....

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