A close ally of US President Donald Trump is attempting to broker a tariff agreement for BMW, according to reports from German business media.
The development suggests that Washington is moving toward individualized trade arrangements for major European automakers rather than applying blanket tariffs across the sector.
Manager Magazin and Sueddeutsche reported that the negotiations involve a prominent figure within the Trump administration, described as a "giant" in the political sphere.
Manager Magazin and Sueddeutsche reported that the negotiations involve a prominent figure within the Trump administration, described as a "giant" in the political sphere.
The effort comes as BMW and other German manufacturers face mounting pressure to secure favorable terms in the US market, which remains critical for their global profitability.
This move aligns with a broader strategy by the Trump administration to leverage tariff threats as a negotiating tool.
Recent reports indicate that a proposed sanctions bill would grant the president significantly expanded authority to impose tariffs, broadening the executive branch's ability to use trade measures as leverage.