Nissan has leaned on "dual sourcing" and local supply chains for components as it adjusted to U.S. tariffs, its chief financial officer told CNBC. The Trump administration introduced 25% tariffs on foreign auto imports in April, causing some of the world's largest auto stocks to plunge. Carmakers looked to increase prices , introduce import fees, pause production and even cut headcount in response. Jeremie Papin, Nissan's chief financial officer, told CNBC's "Europe Early Edition" that his company was "not immune to it." "It's a significant headwind for all importers into the US," he added. He said Nissan has shifted its strategy in response, leaning on local supply chains and "dual sourcing": getting the same parts from multiple providers. "We've been doing a lot of adjustments, including

See Full Page