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BMW said on Friday that it will be unable to "completely absorb" a new Chinese 25 percent tariff on imported U.

S.-made models and will have to raise prices on the vehicles it makes in Spartanburg, S.C.

BMW said it is "currently calculating related necessary pricing increases" for U.S.-made models imported into China and will announce them "at a later stage."



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Tariffs Force BMW To Raise Prices On US Made Models, Will This Quell The Thirst For German Luxury In China?

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