trade trump tariffs rates trumps interest deal cut interest rates price

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 fallen by 25%The boss of BMW has predicted that Donald Trump’s import tariffs on foreign cars will be lowered this summer, as the German carmaker reported profits for the first three months had tumbled by a quarter.Oliver Zipse, BMW’s chief executive, said he expected that Trump’s 25% tariffs on the import of foreign cars would be dropped by July. Continue reading...

Comments

Similar News

BMW chief expects lower tariffs as trade war expected to hit profits

about 22 hours ago

BMW ends 180 agency staff contracts at Mini factory in Oxford

I drove a $65,000 Cadillac CT5 to see how it stacks up against rivals from BMW and Mercedes

Business News

Long-haul carrier Emirates reports record annual profit of $5.2 billion

Long-haul carrier Emirates reports record annual profit of $5.2 billion

Toyota reports booming sales but stays cautious on profit because of various costs

Toyota reports booming sales but stays cautious on profit because of various costs

Veterans' healthcare takes major step forward to mark 80th anniversary of VE Day

Veterans' healthcare takes major step forward to mark 80th anniversary of VE Day

DWP Attendance Allowance: 10 health conditions could entitle you to up to £110 a week

DWP Attendance Allowance: 10 health conditions could entitle you to up to £110 a week

DWP sending £230 to state pensioners on Friday if they have two-digit code

DWP sending £230 to state pensioners on Friday if they have two-digit code

Rachel Reeves just sank UK economy and now has to hike YOUR taxes again

Rachel Reeves just sank UK economy and now has to hike YOUR taxes again

Panic as Brits forced to wait 1,000 days for pension transfers

Panic as Brits forced to wait 1,000 days for pension transfers

People earning under £100,000 urged to claim HMRC benefit worth £2,000

People earning under £100,000 urged to claim HMRC benefit worth £2,000

Moneysupermarket parent group saw energy deals surge ahead of price cap rise

Moneysupermarket parent group saw energy deals surge ahead of price cap rise

Labour was warned of ‘real and present danger’ to oil and gas sector – Flynn

Labour was warned of ‘real and present danger’ to oil and gas sector – Flynn

Windfarm which could power 1 million UK homes scrapped over rising costs

Windfarm which could power 1 million UK homes scrapped over rising costs

Nationwide issues update on £50 thank you payments as customers complain about missing cash

Nationwide issues update on £50 thank you payments as customers complain about missing cash

B&M shoppers spot iconic discontinued Kellogg’s cereal from the 2000s back on shelves for first time in 15 years

B&M shoppers spot iconic discontinued Kellogg’s cereal from the 2000s back on shelves for first time in 15 years

M&S abruptly closes flagship city centre store after 81 years in blow to shoppers

M&S abruptly closes flagship city centre store after 81 years in blow to shoppers

Britain’s ‘cheapest pub’ selling beer for 7p a pint TODAY – but you’ll have to be quick

Britain’s ‘cheapest pub’ selling beer for 7p a pint TODAY – but you’ll have to be quick

How much the average UK house price increased by in April

How much the average UK house price increased by in April

The more Trump talks about making trade deals, the more confusing the tariff picture gets

The more Trump talks about making trade deals, the more confusing the tariff picture gets

about 2 hours ago

Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

about 2 hours ago

House prices rise by £900 in April - check how much they've changed in your area

House prices rise by £900 in April - check how much they've changed in your area

about 2 hours ago

Supermarket chain seeks Scots voice for its self-checkouts

Supermarket chain seeks Scots voice for its self-checkouts

about 2 hours ago

Next hikes full-year guidance thanks to weather boost for spring sales

Next hikes full-year guidance thanks to weather boost for spring sales

about 2 hours ago

British Gas expects profit hit after warmer than usual spring

British Gas expects profit hit after warmer than usual spring

about 2 hours ago

TSB profits jump on cost-cutting and stamp duty mortgage rush

TSB profits jump on cost-cutting and stamp duty mortgage rush

about 2 hours ago

Millions of workers missing out on pay rise worth £1,000s – the five checks you should do now

Millions of workers missing out on pay rise worth £1,000s – the five checks you should do now

about 2 hours ago

Most at risk health conditions that could see PIP payments cut under new Labour rules

Most at risk health conditions that could see PIP payments cut under new Labour rules

about 2 hours ago

Mars reveals NEW flavour of classic sweets hitting supermarkets in days and shoppers can’t wait

Mars reveals NEW flavour of classic sweets hitting supermarkets in days and shoppers can’t wait

about 2 hours ago

Average UK house price increased by nearly £900 in April – Halifax

Average UK house price increased by nearly £900 in April – Halifax

about 2 hours ago

Toronto Blue Jays Need Production From Ex-Guardians’ INF Andres Gimenez

Toronto Blue Jays Need Production From Ex-Guardians’ INF Andres Gimenez

about 2 hours ago

Police Arrest Pro-Palestinian Protestors At Columbia—Rubio Threatens Visa Revocations

Police Arrest Pro-Palestinian Protestors At Columbia—Rubio Threatens Visa Revocations

about 2 hours ago

UFC 315 Fight Card Odds And Predictions: Shevchenko Vs. Fiorot

UFC 315 Fight Card Odds And Predictions: Shevchenko Vs. Fiorot

about 2 hours ago

This Is What AI Thinks Of You And Knows About You

This Is What AI Thinks Of You And Knows About You

about 2 hours ago

Average UK house price increased by nearly £900 in April – Halifax

Evening Standard

Average UK house price increased by nearly £900 in April – Halifax

about 2 hours ago

Next hikes full-year guidance thanks to weather boost for spring sales

Evening Standard

Next hikes full-year guidance thanks to weather boost for spring sales

about 2 hours ago

Buyers wait for more interest rate cuts as London house prices rise just 1.3%

Evening Standard

Buyers wait for more interest rate cuts as London house prices rise just 1.3%

about 2 hours ago

British Gas expects profit hit after warmer than usual spring

Evening Standard

British Gas expects profit hit after warmer than usual spring

about 2 hours ago

White Stuff's 'summery' £75 midi dress that's 'flattering over tummy' drops to £45

White Stuff's 'summery' £75 midi dress that's 'flattering over tummy' drops to £45

about 2 hours ago

'Beautiful' Cornish cottage with cinema room and sauna has 'stunning' sunset views

'Beautiful' Cornish cottage with cinema room and sauna has 'stunning' sunset views

about 2 hours ago

Next's 'stunning' £34 dress is 'flattering' and 'doesn't crease'

Next's 'stunning' £34 dress is 'flattering' and 'doesn't crease'

about 2 hours ago

Child Benefit payments will stop for thousands of parents at the end of this month

Child Benefit payments will stop for thousands of parents at the end of this month

about 2 hours ago

Battery experts warn electric car fires will increase unless decades-old technology is improved

Battery experts warn electric car fires will increase unless decades-old technology is improved

about 2 hours ago

House prices rise in April - but agents think they are heading down from here

House prices rise in April - but agents think they are heading down from here

about 2 hours ago

BUSINESS LIVE: BoE base rate decision; UK-US trade deal talk; Next boosts guidance

BUSINESS LIVE: BoE base rate decision; UK-US trade deal talk; Next boosts guidance

about 2 hours ago

After selling OnlyFans, its cofounder is launching a rival creator platform

After selling OnlyFans, its cofounder is launching a rival creator platform

about 2 hours ago

The CEO of Anastasia Beverly Hills says she had to beg for a $500 credit card before she could start her beauty empire

The CEO of Anastasia Beverly Hills says she had to beg for a $500 credit card before she could start her beauty empire

about 2 hours ago

Scalera has built an AI assistant for construction admin. Here's the pitch deck the startup used to secure $6.5 million.

Scalera has built an AI assistant for construction admin. Here's the pitch deck the startup used to secure $6.5 million.

about 2 hours ago

5 people who made up to $470,000 secretly juggling multiple jobs explain the best roles for making it work

5 people who made up to $470,000 secretly juggling multiple jobs explain the best roles for making it work

about 2 hours ago

How airlines turned into 'credit card companies with wings'

How airlines turned into 'credit card companies with wings'

about 2 hours ago

It's hard out there for a Fed chair

It's hard out there for a Fed chair

about 2 hours ago

Long-haul carrier Emirates reports record annual profit of $5.2 billion

Long-haul carrier Emirates reports record annual profit of $5.2 billion

about 3 hours ago

Interest rates LIVE: Bank of England urged to make cut to 4%

Interest rates LIVE: Bank of England urged to make cut to 4%

about 3 hours ago

Reports: Donald Trump to announce US-UK trade deal today

Reports: Donald Trump to announce US-UK trade deal today

about 3 hours ago

Surging costs increase the pressure on Scotland's small food and drink firms

Surging costs increase the pressure on Scotland's small food and drink firms

about 3 hours ago

Scottish broker looks to shake up 'complacent' insurance sector

Scottish broker looks to shake up 'complacent' insurance sector

about 3 hours ago

Famous Scottish shopping thoroughfare faces 'retail stagnation'

Famous Scottish shopping thoroughfare faces 'retail stagnation'

about 3 hours ago

What's wrong with plans for £27m makeover of renowned Scottish street?

What's wrong with plans for £27m makeover of renowned Scottish street?

about 3 hours ago

Scott Wright: 'Once in a generation' breakthrough for a troubled Scottish industry

Scott Wright: 'Once in a generation' breakthrough for a troubled Scottish industry

about 3 hours ago

Donald Trump to announce US-UK trade deal, say reports

Donald Trump to announce US-UK trade deal, say reports

about 4 hours ago

British Steel to hire more workers for first time after government intervention

British Steel to hire more workers for first time after government intervention

about 4 hours ago

PM to make statement on US trade talks amid reports deal has been reached

PM to make statement on US trade talks amid reports deal has been reached

about 4 hours ago

As Knicks Stun Celtics In Playoffs, Padres And Yankees Display Three Nights Of Drama

As Knicks Stun Celtics In Playoffs, Padres And Yankees Display Three Nights Of Drama

about 4 hours ago