×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
11
Aug 2026
weather symbol
Athens 31°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

German Carmakers to Profit Most From Trade Truce with US (infographic)

The US and Germany announced the suspension of additional tariffs set to take effect on December 15

Newsroom December 18 07:58

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

After the United States and China agreed on a phase 1 trade deal last week, both countries announced the suspension of additional tariffs set to take effect on December 15. While the U.S. halted plans to impose additional tariffs on $160 billion worth of Chinese consumer electronics and toys, China called off retaliatory tariffs on several products including corn, auto parts and passenger cars.

The suspension of Chinese tariffs on American-made cars will be welcomed by U.S. automakers, with the sigh of relief particularly notable at Tesla and Ford. Interestingly however, German carmakers had the most riding on the trade conflict, with BMW and Daimler (Mercedes’ parent company) the surprise leaders in terms of cars built in America exported to China.

According to LMC Automotive data cited by CNBC, BMW exported 77,000 American-built cars to China in 2018, edging out Daimler, Ford and Tesla. The BMW X5, manufactured at BMW Spartanburg in Greer, South Carolina, was the best-selling U.S. car in China last year, selling 53,000 units. The “Bavarian” SUV was followed by the Mercedes-Benz GLE and GLC , both manufactured at the Mercedes-Benz U.S. International plant located near Vance, Alabama.

While most major car manufacturers doing business in China have local production facilities and only partly rely on exports from overseas, Tesla is currently exporting all of the cars it sells in China from the United States. To reduce its exposure to possible tariffs going forward, Tesla broke ground on its first overseas factory in Shanghai in January, aiming to build a more affordable version of the Model 3 for the greater China region there.

>Related articles

The War of the Straits: 3+1 chokepoints are reshaping the map of global shipping

The incredible operation to “smuggle” Trump out of Turkey: Hidden in a catering container & flown on a military aircraft

New heatwave sweeps Europe as Britain, France and Spain face red alert

source statista

Infographic: German Carmakers to Profit Most From Trade Truce | Statista

You will find more infographics at Statista

Ask me anything

Explore related questions

#automobile industry#cars#exports#germany#imports#U.S car tariffs#usa
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Trump, the catering cart and ‘Food Truck One’: AI memes flood social media after secret Turkey escape operation

August 11, 2026

Seven in 10 Greeks like Nolan’s The Odyssey, Kapa research poll shows

August 11, 2026

How a self-styled “fabulist” became Cambridge’s star professor, and what it suggests about academic system today

August 11, 2026

Special Spatial Planning Framework for Tourism: What changes for hotels, outside-plan development, islands and short-term rentals

August 11, 2026

Colombia earthquake: More than 180 dead and 1,310 injured as rescuers race against time to find missing in rubble

August 11, 2026

Fatal Marfin bank arson suspect remanded in custody

August 11, 2026

Man dies in Spata fire started by his own car, body recovered by firefighters

August 11, 2026

EU’s new entry system frustrates travellers: up to two-hour waits at Europe’s major airports

August 11, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα