Mexican Economy Minister Marcelo Ebrard said on Tuesday that cars assembled in Mexico and exported to the United States will face an average tariff of 15%, not 25%, citing additional discounts that local products benefit from.
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For Chinese carmakers with global operations, there is still some wiggle room, while setting up factories in Mexico could be a…
The deal, announced by Trump, includes South Korean pledges for US agriculture, cars and US$100 billion in energy purchases.
President Donald Trump said Monday that he was increasing tariffs on autos, pharmaceuticals and lumber from South Korea from 15%…
U.S. Commerce Secretary confirms South Korea's tariffs drop to 15%, enhancing trade benefits from the Trump-era deal.
The deal, announced by Trump, includes South Korean pledges for US agriculture, cars and US$100 billion in energy purchases.
Trump announces a tariff hike on South Korean goods to 25%, citing unmet trade agreement obligations by South Korea's legislature.
