Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year. [Source]
Publication Date:Origin: nytimes.com
Category: Customs (Tariff)
Topics: forecasts, lowered, first, profit, billion, erased, duties, import, automaker, German, Tariffs, Trump’s, Volkswagen
Source: https://www.nytimes.com/2025/07/25/business/volkswagen-auto-tariffs-trump.html