(FILES) A worker cleans a BMW XM displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 27, 2025. 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 HECTOR RETAMAL / AFP via Getty Images)

(FILES) The logo of Germany's carmaker BMW is seen at the headquarters building in Munich, southern Germany, on October 22, 2021. 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)

(FILES) The headquarters of German car maker BMW are pictured in Munich, southern Germany, on September 18, 2024. 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 Michaela STACHE / AFP via Getty Images)

(FILES) A logo of German automotive brand BMW is pictured on a BMW dealership in Frankfurt am Main, western Germany, on November 4, 2025. 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 Kirill KUDRYAVTSEV / AFP via Getty Images)

(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)

(FILES) People take pictures of the BMW Concept Skytop car during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. 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 WANG Zhao / AFP via Getty Images)

TOPSHOT - Members of the South African Church Defenders (SACD) hold placards during a protest march in Durban on March 12, 2026. The protestors demanded the protection of religious freedom opposing the proposed measures by the Commission for the Promotion and Protection of the Rights of Cultural, Religious and Linguistic Communities (CRL Rights Commission) to tighten oversight of churches. The demonstration takes place amid an ongoing national debate over the regulation of religious institutions, following allegations that some organisations exploit congregants through questionable financial practices and claims of miracles or faith healing. (Photo by RAJESH JANTILAL / AFP via Getty Images)

Members of the South African Church Defenders (SACD) sing and chant during a protest march in Durban on March 12, 2026. The protestors demanded the protection of religious freedom opposing the proposed measures by the Commission for the Promotion and Protection of the Rights of Cultural, Religious and Linguistic Communities (CRL Rights Commission) to tighten oversight of churches. The demonstration takes place amid an ongoing national debate over the regulation of religious institutions, following allegations that some organisations exploit congregants through questionable financial practices and claims of miracles or faith healing. (Photo by RAJESH JANTILAL / AFP via Getty Images)