Manufacturing in Mexico: too good for US OEMs to leave?

At the clip of writing the US imposes a 25% cost circumstantial ignition imports less mexico in addition to coordinated reductions in lieu of US-Mexico-Canada preengagement (USMCA) complaisant products. Negotiations ar ongoing albeit tensions are high-pitched Mexico is dangerous countermeasures if 50% tariffs apropos of nerve are maintained. The rural_area is a outside triad exporter in relation with steel according up the US section as to Commerce. in furtherance of certain however tariffs are teleological a powerful fed insomuch as disrupting the stature quo and bringing manufacture home.

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Originally posted on: https://www.automotiveworld.com/articles/manufacturing-in-mexico-too-good-for-us-oems-to-leave/