Volvo CEO urges EU to slash its tariffs on US vehicles: ‘Absolutely unnecessary'
New York Post·2025-07-17 16:06
Volvo CEO Hakan Samuelsson urged the European Union to slash its auto tariffs on the US — an apparent bid to sway President Trump to lower his own hefty duties on foreign vehicles.The automaker, which is majority-owned by China’s Geely Holding, currently faces a steep 27.5% tariff on its imports. The EU, meanwhile, has a 10% tariff on American-made cars. 3 Volvo CEO Hakan Samuelsson urged the EU to slash its auto tariffs on the US. via REUTERS“If Europe is for free trade, we should be the ones showing the ...