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Volvo Cars CEO says customers will pay for rising U.S. tariff costs

On May 23, Volvo Cars CEO Hakan Samuelsson said that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one of its most affordable cars to the U.S. if levies increase.
U.S. President Trump said on May 23 that he was recommending a straight 50% ....

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