Headlines
Valeo to raise prices as a result of Trump's 25% tariffs on car imports
Valeo to raise prices as a result of Trump's 25% tariffs on car imports
Published by Global Banking and Finance Review
Posted on March 27, 2025
Published by Global Banking and Finance Review
Posted on March 27, 2025
PARIS (Reuters) - Valeo will not be able to absorb Trump's 25% tariffs on car imports to the United States, a spokesperson for the French automotive supplier said on Thursday.
"We will have to raise prices as a result," the spokesperson said.
(Reporting by Gilles Guillaume; Writing by Gianluca Lo Nostro; Editing by Benoit Van Overstraeten)
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