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Fluid Tariff Situation Drives Updates to S&P Global Mobility Vehicle Forecasts
6 Articles
6 Articles
How did Marcelo Ebrard do at his meeting in the U.S. to talk about steel and aluminum tariffs? The Secretary of Economy said he expects a response to his proposals in the coming days from the Donald Trump administration and issued a warning in case an agreement is not reached. It was Friday when the former Chancellor traveled to Washington to meet with Howard Lutnick, U.S. Secretary of Commerce, and other officials, with the intention of negotia…
Fluid Tariff Situation Drives Updates to S&P Global Mobility Vehicle Forecasts
New York—The US has increased tariffs on steel and aluminum to 50%, impacting vehicle production and costs. At the same time, court challenges could impact some tariffs enforcement. Here are the latest updates to understand the current auto tariffs landscape. Section 232 steel and aluminum tariffs now 50% Recent US government actions have further complicated the auto tariffs landscape. Ef...
Mexico presented to the United States a battery of arguments to curb the new tariffs on steel and aluminium . The official request seeks to show that the measure lacks economic foundation and threatens industrial integration between the two countries. Mexico’s goal is to be exempted from the tariff or at least limit it to the way it was: 25%. The first point put forward by the Secretary of Economy, Marcelo Ebrard, points out that the United Stat…
Mexico. Mexico trusts that this week the United States will give a response on the request to stay out of the 50 percent tariff that it imposed on steel and aluminum last June 3, said Tuesday the Secretary of Economy, Marcelo Ebrard. The minister told the press that, during his visit to Washington last week, the negotiating team that heads presented the arguments to their American peers. He stressed that the first argument was to make clear that…
He noted that on Friday they presented Mexico's arguments and position regarding the 50% tariffs on steel and aluminum.
Marcelo Ebrard, head of the Ministry of Economy, stated that on Friday they presented Mexico's arguments and position regarding the 50 percent tariffs on steel and aluminum. In an interview with Ciro Gómez Leyva for Grupo Fórmula, he stated that Mexico's objective is to reach zero tariffs. The head of Economy explained that the United States has a surplus in steel and aluminum compared to Mexico, meaning that Mexico exports less than it imports …
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