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Desperate Major Automaker Mulls Scrapping US Factory Plans Due to Trump's Tariffs

Summary by Raw Story
Major automaker Volkswagen has considered cancelling its plans for a US major factory over President Donald Trump's automotive tariffs, according to reports Monday. Oliver Blume, CEO of the Volkswagen Group, said in an interview with Handelsblatt that in the first nine months of 2025 levies issued b...

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Gold achieves a new record by surpassing US$5,100 and silver reaches a maximum of US$109 an ounceThe Fed is set to maintain its interest rates, despite tensions with Donald TrumpThe Volkswagen group decided to freeze its plans to install a new one in the United States, as long as the tariffs imposed by the Donald Trump government on car imports that amount to 15% are not reduced.MORE INFORMATION: Copper approaches US$6 and pushes the dollar down…

·Lima, Peru
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libero.pe broke the news in on Monday, January 26, 2026.
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