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Stellantis and Volkswagen Face Potential $5.88 Billion Blow from Trump-era Tariffs

Stellantis and Volkswagen Face Potential $5.88 Billion Blow from Trump-era Tariffs
2 months ago

In a striking development for the automotive industry, both Stellantis and Volkswagen (VW) are under the looming threat of substantial tariffs, initially imposed during the Trump administration. These tariffs, originally designed to protect American steel and aluminum producers, could impose a staggering $5.88 billion risk to both automobile giants if they are upheld by the United States government.

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