Trump tariffs are ‘unsustainable’, says Mexico’s auto sector chief
Vehicles made in Mexico still incur 25 per cent levies as President Claudia Sheinbaum seeks US concessions
Vehicles made in Mexico still incur 25 per cent levies as President Claudia Sheinbaum seeks US concessions

Cars will be hardest hit by move, which comes ahead of crucial renegotiation of US-Mexico-Canada trade pact

US president set deadline of midnight on Friday for trading partners to avoid highest levies

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Levies on cars and trucks exported to US will be imposed ‘next week’ unless companies manufacture at American plants

Michigan’s ‘Big Three’ carmakers forecast a combined $7bn tariff-related hit to earnings in 2025

Mexican government fears Trump will seek big changes to the agreement he struck with the countries in his first term