Advertisement

German carmakers threatened with steep border tax by Donald Trump

Trump has previously stated that a 35 per cent border tax would be imposed on vehicles imported into the U.S.

Advertisement
Overdrive|Jan 16, 2017, 18:04:16 IST

President-elect Donald Trump has got car manufacturers worried. He has spoken out numerous times in public about his plans of imposing a tax on carmakers importing vehicles into his country. Trump has said that a border tax of 35 per cent would be imposed on vehicles imported into the USA by carmakers.

The latest ones to face his ire are German car manufacturers. During an interview with German newspaper Bild, Trump ended up criticising the carmakers based in Germany for not making sufficient cars in the United States. "If you want to build...

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Jan 16, 2017, 18:04:16 IST
Advertisement
Advertisement
Trending Stories

IIT Kanpur study finds no evidence E20 petrol damages engines, says mileage impact is minimal

Fresh research from IIT Kanpur challenges widespread claims that E20 petrol harms vehicle engines, concluding that the fuel blend causes no measurable engine damage and only a marginal impact on fuel efficiency. The findings come amid ongoing public debate over India's ethanol-blending programme and concerns raised by motorists.
2 min read
Advertisement
Advertisement
Up Next