Sweden Herald - Latest Sweden News | Trump's new tariff threat hits Volvo Cars, leaving it uncomfortable by Sweden Herald AI generated summary, Read the full article for complete information. President Donald Trump has warned that tariffs on European‑made cars exported to the United States could rise from 15 % to 25 % as early as next week, a move he says is meant to punish the EU for not honoring trade agreements. While the threat is part of a broader series of trade warnings that have yet to materialize, analysts say Volvo Cars could be the most exposed, because only a small fraction of its U.S. sales—about 120‑125 000 vehicles annually—come from its Charleston, South Carolina plant, which produces the EX90 SUV and will soon add the XC60. With U.S. electric‑vehicle subsidies recently withdrawn, Volvo’s U.S. sales have already fallen 32 % in the first quarter, and additional tariffs would further strain the automaker’s already challenging market position. Read more: https://swedenherald.com/article/trumps-new-tariff-threat-hits-volvo-cars-leaving-it-uncomfortable #DonaldTrump #VolvoCars #EuropeanUnion #Handelsbanken #HampusEngellau #TruthSocial #businessnews