Trump Imposes 25% Tariffs on Imported Cars to Boost U.S. Manufacturing.
4 Articles
4 Articles
The trade deficit has evolved from a macroeconomic indicator to the irrefutable proof that the world has taken advantage of the opening of the US market without offering reciprocity, placing tariffs as a long-term corrective mechanism aimed at rebalancing trade relations.
While Brasília and Washington stage the visible war of tariffs, a much quieter dispute, and much more lasting, was decided on June 24th. That day, the State Grid Corporation of China...
The automotive industry represents about 4 percent of Mexico’s GDP and about 20 percent of manufacturing GDP, while 8 out of 10 vehicles produced in the country are exported to the United States, according to data from the National Institute of Statistics and Geography and the Mexican Association of Automotive Industry. In a market with this dependence, any change in US trade policy has implications that go far beyond production and exports. Whe…
What happened? Donald Trump has imposed a 25% tariff on all imported vehicles, from sedans to heavy trucks, manufactured outside the United States. Who is behind it? The White House, which has activated an executive order based on national security, and the three big Detroit vehicles (GM, Ford and Stellantis) with multimillion dollar investments. What impact does it have? Spanish exports of vehicles and components, which exceed 5 billion euros a…
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