Trump renews threats against Mercedes and BMW

President Donald Trump has again singled out Mercedes and BMW as part of his continued threats to impose protectionist trade measures. In a speech in Pittsburgh, Pennsylvania, Mr. Trump called on the European Union to “open up the barriers and get rid of your tariffs. And if you don’t, we’re going to tax Mercedes-Benz, we’re going to tax BMW.”

Last week, investors sold shares in BMW and Daimler after President Donald Trump said the U.S. may tax imports of European cars if the EU...

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