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Motor1
Motor1
Business
Anthony Alaniz

Volvo CEO: Customers Must Pay Tariff Costs, Not Us

Volvo builds the S60 and the EX90 in the United States. But the company has to import the rest of its lineup from overseas. That could be a problem, as President Donald Trump has placed a 25-percent tariff on imported vehicles, and threatened today to implement a straight 50 percent duty on all goods imported from the European Union.

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