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Volvo considers expanded U.S. production in face of U.S. tariffs
Volvo may expand output at its U.S. plant if U.S. President Donald Trump carries out his threat to significantly increase tariffs on European auto imports.
Volvo CEO Jim Rowan expects the 2.5% tariff imposed by the U.S. on European imports to be increased, as U.S. auto exports to the EU must pay a 10% tariff. “The qu....
Volvo CEO Jim Rowan expects the 2.5% tariff imposed by the U.S. on European imports to be increased, as U.S. auto exports to the EU must pay a 10% tariff. “The qu....
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