Mexican auto industry on edge after Trump’s new tariffs on imported cars
Mexico’s exporters are confident they can bypass much of the tariff due to an exception: auto parts that meet USMCA requirements will be temporarily exempt
The Mexican automotive industry, the country’s largest exporter, is facing its biggest challenge in years. U.S. President Donald Trump has ordered the imposition of a 25% tariff on all vehicles not produced in the United States, effective April 3.
