Trump’s tariffs mean more cost-cutting at Volkswagen
Business
U.S. President Donald Trump's trade war is putting Volkswagen's globalization strategy — and profits — at risk. The danger was highlighted Tuesday when the German carmaker released its 2025 results , showing a sharp 53.5 percent drop in operating profit to €8.9 billion. CEO Oliver Blume blamed the firm's worst result in a decade on the Trump tariffs, stiff competition in China, and a strategy reversal at luxury subsidiary Porsche. VW spent decades building a global supply chain, but the new era
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