BMW says tariffs could deliver a $1 billion hit to earnings this year

BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up between Europe, the U.S. and China.

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​BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up between Europe, the U.S. and China.Read more… 

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