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Automotive Industry
German automaker BMW (BMWG.DE), opens new tab is telling dealers in the US it will absorb the added cost of new tariffs on its imports from Mexico, at least for the next several weeks, a spokesperson for the company.
The Wall Street Journal first reported the news.
BMW said it would "price protect" certain Mexican-built models that would be subject to tariffs - the 3 Series sedan and 2 Series coupe - until 1 May , WSJ reported , citing a message to the company's US dealers.