Tag Archives: exemptions

Volkswagen seeks audience with Trump, dangling more than $10 billion in U.S. investments in exchange for tariff exemptions

Volkswagen seeks audience with Trump, dangling more than  billion in U.S. investments in exchange for tariff exemptions

Oliver Blume wants to make a deal. The CEO of Volkswagen Group, the world’s second-largest carmaker, is prepared to put a minimum of $10 billion on the table in exchange for lower tariffs levied by the Trump administration. Under the proposal, for every dollar that Volkswagen invests, it would like to receive in return an equal amount offset against its …

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