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BMW foresees earnings hit

BMW foresees earnings hit as Europe counts the early cost of tariffs

FRANKFURT (Reuters) -German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros this year, while European officials warned the U.S. economy would be the biggest loser if President Donald Trump pursues an "idiotic" trade war.

The Wall Street Journal on MSN · 1d

BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year

The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade tensions and a demand shift in China.

This Is Money on MSN · 1d

BMW faces possible €1bn earnings hit from global tariffs

The European Commission has imposed tariffs of up to 45.3% on Chinese-built electric vehicles since last Octobe

Variety on MSN11d

Trump Foresees ‘A Little Disturbance’ as He Vows to Expand Trade War in Speech to Congress

President Trump told Congress Tuesday he expects “a little disturbance” as he broadens his trade war, less than a day after ...

MercoPress2d

IMF foresees prosperous 2024 for Paraguay

For 2025, the IMF foresees Paraguay to keep this year's pace while Argentina is expected to bounce back to +5%. The BCP said its decision was based on lower international risks and a more gradual ...

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BMW foresees earnings hit

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