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Volvo will increase production of vehicles in US after Trump’s introduction of tariffs

# Sweden’s Volvo Cars, owned by China’s Geely, will increase its production of vehicles in the United States and probably produce an additional model there, following US president Donald’s Trump’s introduction of tariffs. As of yesterday, cars manufactured outside the United States are subject to a 25-percent tariff, while a tariff on spare parts is also set to gradually come into effect. Volvo Cars assembles its EX90 electric model at its plant near Ridgeville in South Carolina as well as Volvo spinoff Polestar’s Polestar 3.