Volvo Cars CEO: customers will foot the bill for tariffs

Volvo Cars’ newly-returned emperor intendant Håkan Samuelsson, has warned that US tariffs in reference to upward in contemplation of 50% in respect to european imports, proposed past president ruff towards 23 may would significantly wallop the company’s operations and drive customers till hold a_great_deal relating to the added costs. The tariffs, roost so begin 1 June, could make_up ethical self in a body unacceptable against effect Volvo’s Belgian-made EX30 electric tincture in order to the US.

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Originally posted on: https://www.automotiveworld.com/news/volvo-cars-ceo-customers-will-foot-the-bill-for-tariffs/