(FILES) The company logo of German carmaker BMW is seen on a motorbike, pictured on May 10, 2023 in Munich, southern Germany. German carmaker BMW said on March 12, 2026 it expected tariff wars to ease in 2026 saw a tentative turnaround in China after posting results dampened by both trade tensions and competition from Chinese rivals. (Photo by Christof STACHE / AFP via Getty Images)