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The Strategy Behind Volvo s Recovery Of Import Tariffs On China-Made Cars
Swedish automaker Volvo makes several models in China and the US and recovers import tariffs thanks to the Duty Drawback program.
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Volvo sidesteps 25% tariff on China-made vehicles
The Duty Drawback scheme could elevate Volvo Cars' 2.3-million-square-foot factory in Ridgeville, S.C., into a Southeast export hub rivaling Mercedes-Benz and BMW.
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Volvo sidesteps 25% tariff on China-made vehicles | Automotive News Europe
The Duty Drawback scheme could elevate Volvo Cars' U.S. factory into an export hub rivaling Mercedes-Benz and BMW.
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