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Volvo Cars opens first plant in US as auto tariffs loom

Rising trade tensions could threaten plans to use the factory as an export hub

Volvo Cars' strategy of increasing production in the U.S. could be negatively affected by a full-blown trade war jeopardizing exports to Europe and China.   © Reuters

CHARLESTON, U.S./FRANKFURT, Germany -- Sweden's Volvo Cars opened its first factory in the U.S. on Wednesday, aiming for a greater share of that market and planning to turn the facility into an export hub.

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