Trump's 25% Tariffs On Mexico Could Shake Auto Industry – Nissan May Move Production Elsewhere
According to Bloomberg, about 15% of vehicles sold in the U.S. are built in Mexico, and if tariffs take effect, automakers would face higher production costs that could lead to higher prices for consumers. See Also: How do billionaires pay less in income tax than you? Tax deferring is their number one strategy.
Trump tariffs shake up China's factory heartland
In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, now straining under sweeping tariffs imposed by Donald Trump.
Trump taking executive action to fortify tariff agenda and counter China
President Donald Trump took two separate executive actions Friday that seek to boost foreign investments in American manufacturing and shield American companies from overseas taxes. The Washington Examiner reviewed draft fact sheets the White House plans to circulate after the president signs the actions,
Trump team pressures Mexico to impose tariffs on China to avoid US duties
The move comes amid ongoing negotiations over migration and fentanyl concerns The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump,
Trump's Trade War Escalates: US Pressures Mexico with Harsh Tariff Demands
The Trump administration has urged Mexico to impose tariffs on Chinese imports as part of ongoing trade negotiations. The pressure comes as the US government threatens to impose 25% tariffs on North American trade partners,
San Francisco Examiner21d
Mexican farmers, auto-parts makers urge dialogue with US
Mexican agricultural and auto-parts producers called Sunday for "dialogue" to head off the trade war prompted by US President Donald Trump's decision to impose 25 percent tariffs on imports from ...
Trump's Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
A new car would cost about $5,790 more if President Donald Trump's plans for 25% tariffs on Mexico and Canada go into effect, ...
Trump Says Auto Tariffs Coming April 2
President Trump said on Friday that he planned to move forward with tariffs on foreign cars on April 2, but did not specify ...
The Associated Press on MSN16d
Mexican border cities are in limbo as tariff threats spark fears of a recession
Tariffs would cripple Mexican border economies that are reliant on factories churning out products for the US and likely ...
Mexico News Daily12d
Mexico captured 15.5% of US import market in 2024
Mexico's share of the market for auto imports to the United States shot up to 38.5%, more than triple Canada's share.