| Post Reply | RetroFed Forum Forum Index » Business |
| Author | Message | ||
|---|---|---|---|
|
ByteOnBikes
discuss.online
bytesonbike@discuss.online Joined: 2025-06-07 |
Volkswagen may pull its plans for a major Audi factory in the US, citing President Donald Trump’s automotive tariffs. The car giant’s CEO told Handelsblatt that US levies cost VW $2.5 billion in the first nine months of 2025, and that reductions were necessary. German investments in the US as a whole fell 45% year-on-year in 2025 as Trump’s duties took hold, Reuters reported, while German exports to the US also fell, although the dollar’s depreciation was likely a factor. |
||
| 1 Original | |||
| Post Reply |
Back to top |