Volvo’s CEO stated on Euronews that there is no genuine safeguard in place through tariffs. The only means of shielding our industry lies in our ability to enhance our competitiveness by improving ourselves.
Source: https://www.euronews.com/business/2025/07/07/car-industry-needs-to-shape-up-to-compete-with-chinese-evs-says-volvo-ceo
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