Trump administration sued over Chinese import tariffs

Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs

Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.

Trump administration sued over Chinese import tariffs

After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.

The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.