Volkswagen takes $1.5B profit dent after Trump’s auto tariffs
President Trump’s auto tariffs have riddled Volkswagen, which said it was hit with a $1.5 billion (1.3 billion euro) profit dent after the onset of the new U.S. trade policies. Volkswagen said the “decline in Operating Result [is] primarily due to high costs from increased U.S. import tariffs (EUR 1.3 billion), provisions for restructuring at…
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