Tariff Increases Spark Fear and Uncertainty in Automotive Industry
SOUTH AFRICA, AUG 4 – South Africa’s vehicle exports to the US dropped over 80% in early 2025 due to a 30% tariff, risking 100,000 jobs and threatening the automotive sector’s industrial growth, officials said.
Summary by Daily Maverick
7 Articles
7 Articles
The sale of new light cars in Mexico slowed down with a slight decrease in their performance, with 124 thousand 480 units being placed in the automotive market, that is, 0.6 percent less than those sold in the same month last year, according to the INEGI.The industry has decreased its rates of decrease, although it has remained in a phase of stagnation amid the uncertainty caused by the tariff policy of the United States and the weakening perfor…
·Mexico
Read Full Article"If that were the case, other countries with ambassadors in Washington would have escaped trade tariffs."
Coverage Details
Total News Sources7
Leaning Left0Leaning Right4Center1Last UpdatedBias Distribution80% Right
Bias Distribution
- 80% of the sources lean Right
80% Right
C 20%
R 80%
Factuality
To view factuality data please Upgrade to Premium