Volkswagen CEO: Clarity is needed on trade measures

GENEVA (AP) — The CEO of German automaker Volkswagen says businesses like his need clarity about new trade measures announced by the Trump administration before they can decide what to do.

CEO Matthias Mueller said it’s up to elected officials on both sides to talk “so that we have clarity, so that companies like Volkswagen can make the corresponding decisions.”

Mueller said if the U.S. has decided to change its earlier commitment to globalization then “we should sit at the table with the Americans, look at the situation, and try to understand why the past strategy was wrong, and what a future common strategy could be.”

Mueller spoke Monday at a Volkswagen event ahead of the Geneva International Motor Show.

Free News Delivery by Email

Would you like to have the day's news stories delivered right to your inbox every evening? Enter your email below to start!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.