Volkswagen has revealed plans for “massive” U.S. production investments. CEO Oliver Blume also told a German publication that tariff talks with the U.S. government were “fair” and “constructive.”
CNBC reported that Blume’s comments to Süeddeutsche Zeitung showed every indication of doing what President Donald Trump said would happen when he began imposing tariffs on products made outside the U.S. Tariffs, he has said, would bring manufacturing back to America.
As late as Thursday, Trump repeated that prediction to reporters. “We are looking to do chips and computers and lots of other things, and tanks and ships,” he said.
Read more at Newsmax© 2025 Newsmax. All rights reserved.
