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Trump’s rates in Mexico and Canadian challenge in the car industry


The trailer of the car carrier waits next to the border wall before going to the United States, Tijuana, Baja California, Mexico, Mexico, Mexico, Mexico, 2025 on January 22nd.

Guillermo Arias | AFP | Getty Images

Detroit – TROW Saturday, Trump announced 25% on Canada and Mexican goods, as well as 10% of Chinese products also have a profound impact on the global automotive industry.

In the months, the cars have taken “Wait and see” approach Trump Administration Tariff threat. The wait period It comes to the end And the automobiles will probably need to implement preliminary contingency plans for the coming weeks and to try to compensate for additional costs during the coming weeks.

According to detail, Mexican fares can have the most influential in the automotive industry, and then Canada and then China, according to the car.

“Any fare action (United States Mexico-Canada agreement), and a review of the American and global workers’ class must be made,” Shawn Fain Auto Unity of the United Staffed President, said in a statement.

Read more CNBC Fares Coverage

General Motors And other important cars did not answer immediately, comments on Saturday night rates. Ford, for example, Honda gave a wide expression, “North American car trade is the key to success in the world and hope that the quick resolution of clarity and stability throughout the region.”

The most important automoters have US factories, however, many trust in imports from other Mexican countries to meet the demand for American consumers.

All important cars that exploit in the US have at least one plant in Mexico, including sales sales including sales in 2024 more than 70% of US sales.

A fare is an import tax, or foreign goods to the United States. Companies that import goods pay rates, and some fear companies would spend additional costs to consumers, increase the cost of vehicles and reduce the potential demand.

The formal prediction provides clarity for companies, but many of them could cost, and many of them have produced Canadian and Mexican rates for decades, thousands of dollars.

Uncertainty about trade Took the toll on GM On Tuesday, when the shares of cars had one of his worst days, Wall Street expects 2025 guidance after passing and the fourth quarter after its higher and lower lines.

“The result of our GM’s 4Q (profits) is a very believable option for GM, that the uncertainty of U.S. politics should be changed,” Barclays Analyst Dan Levy said the release of investors on Wednesday.

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GM had not been in his orientation, CFO Paul Jacobson described as a “wise” approach to North American goods.

Yes Jacobson and GME Director General Mary bar He said that the company has contingency plans for any action, but that was not enough to calm the furious investors.

“There is so much noise”, Jacobson investors told them TuesdayInauguration and quoting California firefighters, among other issues and events. “We are careful until the market has got a little smoother data, because January has been so noisy.”

‘Massive impact’

Stephen Schwarzman (L) and the General Motor Engine Director, President Donald Trumper, has a strategy and policy forum on Washington February 3, 2017.

Kevin Lamarque | Reuters

All important cars that exploit in the US have at least one plant in Mexico, including sales sales including sales in 2024 more than 70% of US sales.

The industry is widely integrated among countries, 49.4% of all US car parts, Mexico exports 86.9% of its auto parts to the US, according to the International Trade Administration.

Wells Fargo 25% of Mexican and Canada imports would cost traditional dollars in Detroit cars per year. The company calculates the impact of 5%, 10% and 25% rates in GM, Ford Motor and chrysler parent Stars Collectively $ 13 trillion, 25 trillion and $ 56 million, respectively.

The Global Mobility of S & P, earlier IHS marks, calculates the duty of 25,000% of $ 25,000 in Mexico, would add $ 6,250 to the cost.

Automates endangered

S & P Mobility Reports produce about 5.3 million vehicles in Canada and Mexico, about 70% – nearly 4 million – targeted to the US

Mexico had the majority of these vehicles, five cars – Ford, GM, Stellantis, Toyota motor and Honda – just estimated 1.3 million light vehicles In 2024 in Canada, a large extent to the US market, a Nonprofit Research Group Manufacture of Canada.

Some of these automatiles produce in Mexico, but not all producers would face the same interruptions. Percentage of sales base, German cars Volkswagen Mexico’s fare is the largest risk, and then Nissan engine And Stellantis, S & P global mobility reports.

“We are working, of course, in the scenarios,” Antonio Phosa, Stellantis’ head of North American operations, said January 10. “But yes, we must wait for his decisions and decide Mr. Trump and his administration, we will work accordingly.”

Here are the automotive rates that are most widely exposed to vehicles imported from Mexico, based on the percentage of the US sales border:

  • Volkswagen: 43%
  • Nissan: 27%
  • Stellantis: 23%
  • GM: 22%
  • Ford: 15%
  • Honda: 13%
  • Toyota: 8%
  • Hyundai: 8%

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