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Volkswagen Announces Its Response to Trump's Tariffs

  • Volkswagen is introducing a new import fee on cars sold in the United States due to tariffs.
  • Volkswagen has halted rail shipments of cars from Mexico and is temporarily holding European shipments at ports.
  • Tesla sold about 50,000 fewer vehicles in Q1 than expected, marking its biggest year-over-year drop.
  • Elon Musk's actions have contributed to weaker sales for Tesla in the US and abroad.
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Reuters broke the news in United Kingdom on Thursday, April 3, 2025.
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