
Volvo Cars CEO says its customers must pay for rising tariffs
By Marie Mannes and Nora Eckert STOCKHOLM/DETROIT (Reuters) -Volvo Cars CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one of its most affordable cars to the United States if levies increase. U.S. President Donald Trump on Friday said he was recommending a straight 50% tariff ...