Mexico imposes tariffs of up to 50% on Chinese goods
Cars will be hardest hit by move, which comes ahead of crucial renegotiation of US-Mexico-Canada trade pact
Cars will be hardest hit by move, which comes ahead of crucial renegotiation of US-Mexico-Canada trade pact

Vehicles made in Mexico still incur 25 per cent levies as President Claudia Sheinbaum seeks US concessions

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

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

Treasury department orders will block two banks and a brokerage from transactions with American financial institutions

Canada and Mexico lead diplomatic offensive in Washington as August 1 deadline looms

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments