The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
Volkswagen will add an ‘import fee’ to cars sold in the U.S.
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Automobiles, Canada, Customs (Tariff), Factories and Manufacturing, Germany, International Trade and World Market, Mexico, Prices (Fares, Fees and Rates), Shutdowns (Institutional), Stellantis NV, Stocks and Bonds, Trump, Donald J, United States International Relations, United States Politics and Government, Volkswagen AG