Volkswagen expects minor relief from US tariff refunds
Finance chief Arno Antlitz said today that potential refunds would only reach double-digit millions. This compares to annual tariff costs of 4 billion euros.
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VOLKSWAGEN AG expects potential United States tariff refunds to provide only a small double-digit million euro benefit. This figure represents a fraction of the automaker's €4 billion in total annual tariff expenses.
