Volkswagen CEO Warns Of Tariff Limits
Volkswagen CEO Oliver Bloom told investors that the company faces limits regarding US trade policy. Bloom stated that the company cannot simultaneously pay high tariffs and invest heavily in new production capacities.
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Sources · 7 independent
KQED FM
“On a call with investors earlier this week, Volkswagen CEO Oliver Bloom said there are limits. We can't do both, paying high tariffs on the one hand side and on the other side heavily invest in new capacities.”
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