×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
28
Apr 2026
weather symbol
Athens 21°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

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

Trump’s dilemmas after Iran’s “window” from Tehran on the Strait of Hormuz

How the Secret Service agent was saved from the armed attacker who opened fire thanks to his mobile phone (video)

Trump says he is having “good discussions” with Putin and Zelensky on Ukraine

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

An 89-year-old man entered the EFKA office in Kerameikos with a shotgun and opened fire, injuring one employee

April 28, 2026

Agreement between Google and the Pentagon for the use of Artificial Intelligence models in classified missions – What is provided for weapons systems

April 28, 2026

Kyriakos Pierrakakis: The five lessons Europe must draw from Greece

April 28, 2026

Wiretapping, judges (good or bad?), and the inquiry committee, the “blue” pre-congress ceasefire, the shipowners’ mass purchases

April 28, 2026

Oil: Brent heading toward $110 due to Hormuz, with the Fed, BOJ, and fears of a new energy shock in focus

April 28, 2026

Trump’s dilemmas after Iran’s “window” from Tehran on the Strait of Hormuz

April 28, 2026

Railway tragedy in Indonesia: At least 14 dead and 81 injured, concern for those trapped (videos)

April 28, 2026

Case over alleged fake signatures of “Voice of Reason” reaches European Parliament – Latinopoulou has requested waiver of immunity

April 27, 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