Shares in German carmakers fall after Trump tariff announcement-March 2024-www.financetom.com

Shares in German carmakers fall after Trump tariff announcement

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Shares in German carmakers fall after Trump tariff announcement

Jul 14, 2025 12:54 AM

FRANKFURT (Reuters) -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, BMW, Mercedes-Benz and Porsche were down 1.3% to 1.6% at 0717 GMT.

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