Volkswagen has issued a warning to President Trump regarding the potential negative effects of proposed tariffs on imports from Mexico, where the company operates a major plant. As Volkswagen faces financial pressures from high costs and competition from cheaper vehicles from China, they express concern over uncertainty created by Trump's threats of 25% duties on goods starting February 1. The company emphasizes the need for collaboration and expresses a desire to maintain a positive partnership with the U.S. administration.
The Volkswagen Group is concerned about the harmful economic impact that proposed tariffs by the U.S. administration will have on American consumers and the international automotive industry.
We value collaboration and open dialogue. The Volkswagen Group looks forward to continuing its longstanding and constructive partnership with the U.S. administration.
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