Tariff Hikes Threaten Volvo’s U.S. Market, CEO Says Customers Will Pay More
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LN24 / 6 months
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- 2 min read
The CEO of Volvo Cars, Hakan Samuelsson, stated on Friday that customers will likely bear a significant portion of the increased costs caused by rising tariffs. He also warned that if tariffs continue to rise, it might become impossible to import one of the company’s most affordable models into the U.S. market. U.S. President Donald […]