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Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports

Published by Global Banking and Finance Review

Posted on April 3, 2025

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(Reuters) - Volkswagen will introduce an "import fee" on vehicles affected by the 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.

The German automaker also said it has temporarily halted rail shipments of vehicles from Mexico and will hold cars arriving by ship from Europe at port, the report said, citing a memo to retailers.

(Reporting by Devika Nair in Bengaluru; Editing by Sherry Jacob-Phillips)

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