The CEO of Volvo Cars, Hakkan Samuelsson, has warned it will “probably sell fewer cars” as a result of potential American duties on car imports under both the section 301 tariffs against Chinese exports and the wider section 232 review of the automotive industry. That comes despite the opening of a new U.S. factory. While the company predominantly manufacturers its vehicles in Europe – 71% of its U.S. imports come from Europe – a further 24% have come from China in the 12 months to April 30.