Volkswagen will add an ‘import fee’ to cars sold in the U.S.

Volkswagen will add an ‘import fee’ to cars sold in the U.S.

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.
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China

Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China

The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.