tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Volkswagen’s Audi holding cars in U.S. ports due amid autos tariff, Reuters says

Volkswagen’s (VWAGY) Audi (AUDVF) is holding its cars which arrived after April 2, when U.S. President Donald Trump announced a 25% tariff on autos imports, in U.S. ports, Reuters reports. The Volkswagen brand has around 37,000 vehicles, sufficient for approximately two months of sales, in its U.S. inventory, a spokesperson says.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1