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Volkswagen takes 1.3-bn-euro hit from Trump tariffs
Volkswagen takes 1.3-bn-euro hit from Trump tariffs
Economy
by  AFP

German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it 1.3 billion euros in the first half of the year as it reported falling profit. Overall net profit fell 38.5 percent year-on-year during the period to hit 7.28 billion euros ($8.54 billion).