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

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.
Global Automakers React to Trump’s 25% Tariff on Imported Cars
Posted inAutomobiles Canada Customs (Tariff) Factories and Manufacturing Germany Honda Motor Co Ltd Hyundai Motor Co International Trade and World Market Japan Mazda Motor Corp Mexico Nissan Motor Co South Korea Stellantis NV Subaru Toyota Motor Corp Trump, Donald J

Global Automakers React to Trump’s 25% Tariff on Imported Cars

Ignoring diplomatic efforts and investment pledges, President Trump said he would impose tariffs that are expected to deal a blow to American neighbors and allies in Asia.