BMW is waiting for a decrease in customs duties in July

07.05.2025 19:07 | Category Economics

BMW said that US customs duties on cars could fall from July. The company continues to believe in its 2025 forecast, unlike competitors, who have stopped such assessments yet. However, BMW also warns that current customs duties will have a serious impact on the second quarter.

A factory in South Carolina, which provides an economic impact of $ 26 billion a year, plays an important role in negotiations. In the first quarter, BMW's profit exceeded the forecasts, reaching $ 2 billion. The company hopes that some of the customs duties are temporary and will start falling in July, Reuters reports.

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BMW is waiting for a decrease in customs duties in July

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