Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleValeo plans to increase prices as a result of Trump's 25% tariffs on car imports, as the company cannot absorb the additional costs.
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)
The main topic is Valeo's decision to raise prices due to Trump's 25% tariffs on car imports to the United States.
Valeo is raising prices because it cannot absorb the costs of the 25% tariffs imposed by Trump on car imports.
The price increase will affect Valeo's customers in the United States, where the tariffs are applied.
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