Audi Halts Car Exports to the USA

Audi has halted deliveries of its cars to the USA due to the imposed 25% tariffs against Europe. The company has no production facilities in the USA: all cars for this market are supplied from Germany, Hungary, Slovakia, and Mexico - and tariffs have been imposed against all these countries. There are currently about 37,000 cars in Audi's warehouses in the USA, which dealers will be able to sell at the previous prices for about two months.