Posted 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)