Mercedes-Benz and Porsche flag €800m in combined costs from Trump tariffs – business live
The GuardianWednesday, July 30, 2025 at 7:43:07 AM
German luxury car giants Mercedes-Benz and Porsche are feeling the pinch from Trump-era tariffs, reporting a combined €800 million in added costs. The financial hit comes as other automakers like Aston Martin also detail the fallout from ongoing US trade tensions. Meanwhile, unrelated tsunami warnings are causing disruptions across the Pacific after a massive earthquake near Russia’s Kamchatka peninsula.
Editor’s Note: Trade wars aren’t just political noise—they have real financial consequences, even for premium brands like Mercedes and Porsche. These tariffs are squeezing profit margins, which could eventually trickle down to consumers through higher prices or slower innovation. The story also highlights how global businesses are still dealing with policy decisions made years ago, showing how long these economic ripples last. (And yeah, the tsunami bit is a jarring reminder that the world’s crises don’t wait their turn.)
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