Audi, the German automotive producer, has suspended car exports to the USA because of new tariffs imposed by President Donald Trump.

An Audi spokeswoman confirmed at this time that all the firm’s automobiles which have arrived within the US ought to be saved on the level of supply for now and shouldn’t be handed over to sellers.

Retailers in America ought to give attention to lowering their present inventories, that are sufficient for about two months, Der Spiegel experiences. Audi at present has greater than 37,000 automobiles in inventory within the US that aren’t topic to the brand new tariffs and will be bought on the previous costs, the spokeswoman added.

Audi doesn’t have a manufacturing facility in the USA. As a substitute, its automobiles for the American market are manufactured in Mexico, Germany, Hungary, and Slovakia. Lately, Volkswagen, Audi’s mother or father firm, knowledgeable its sellers within the US about potential extra prices, as reported by the Wall Avenue Journal final week.

The Trump administration has imposed 25 p.c tariffs on all automobiles manufactured outdoors the USA, and from Might, the brand new levies may even apply to 150 classes of auto components.

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