Valeo, Forvia say they will pass on Trump tariff costs to customers

Christophe Perillat, chief executive officer of Valeo at the Paris Automotive Summit during the 2024 Paris Motor Show. — Valeo CEO Christophe Perillat said suppliers alone could not bear the “very significant” burden of President Donald Trump's planned tariffs on U.S. imports. (BLOOMBERG)

February 28, 2025 09:29 AM

French suppliers Valeo and Forvia said they would pass on the full costs of U.S. trade levies on goods from Mexico, China and Canada to customers.

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