Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports-March 2024-www.financetom.com

Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports

Apr 2, 2025 7:35 PM

April 2 (Reuters) - Volkswagen will introduce

an "import fee" on vehicles affected by the 25% tariffs imposed

by U.S. President Donald Trump, the Wall Street Journal reported

on Wednesday.

The German automaker also said it has temporarily halted

rail shipments of vehicles from Mexico and will hold cars

arriving by ship from Europe at port, the report said, citing a

memo to retailers.

Previous page： Google proposes fresh tweaks to search results in Europe Next page： Roche to acquire US-based Poseida Therapeutics

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Google proposes fresh tweaks to search results in Europe

Nov 25, 2024

BRUSSELS (Reuters) - Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules. Under the Digital Markets Act, Google is prohibited from favouring its...

Roche to acquire US-based Poseida Therapeutics

Nov 25, 2024

BERLIN, Nov 26 (Reuters) - Roche will acquire California-based biopharmafirm Poseida Therapeutics ( PSTX ) for $9 per share at closing, for a total equity value of $1 billion, the Swiss company said on Tuesday. Stockholders will also receive a non-tradeable contingent value right (CVR) for $4 per share, representing a total deal value of up to approximately $1.5 billion,...

Walmart to roll back some diversity policies amid pressure from conservatives

Nov 25, 2024

Nov 26 (Reuters) - Walmart ( WMT ) plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups. Bloomberg News reported that Walmart ( WMT ) will no longer consider race and gender to boost diversity when...

Disney settles suit over women's pay for $43 million

Nov 25, 2024

Nov 26 (Reuters) - Walt Disney ( DIS ) has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday. As part of the settlement, Disney ( DIS ) has agreed to retain...