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Motor1
Motor1
Business
Anthony Alaniz

EXPLAINED: Volvo ceo customers must pay tariff costs not us | Rare Historical Photos

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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