Audi halts vehicle deliveries to the U.S. as it mulls impact of tariffs
- President Trump's newly launched tariff policies caused disruption on April 2.
- Trump's administration implemented tariffs on goods from countries with trade surpluses.
- Several companies, like Audi and Jaguar Land Rover, paused shipments to the U.S.
- Jay Foreman, CEO, stated, "I cannot risk putting product on the water that might incur tariffs."
- These tariffs may force companies to re-evaluate sponsorships and increase consumer costs.
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37 Articles
The American love affair with Ferraris and Rolls-Royces faces some 'very bad news'
Rolls-Royce cars are a major status symbol in the US, and they're about to get a lot more expensive.John Keeble/Getty ImagesDonald Trump's auto tariffs are a hammer blow for luxury European carmakers.Ferrari has already said it will raise prices, and other brands are halting US shipments amid tariff chaos.Analysts told BI that buyers of Rolls-Royces, Bentleys, and other status cars can expect hefty price rises.Donald Trump may be a Rolls-Royce f…
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