Volkswagen Is Hit Hard by Trump’s Tariffs

The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year.

Jul 26, 2025 - 04:00
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Volkswagen Is Hit Hard by Trump’s Tariffs
The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year.