Global Car Industry in Firing Line of Trump's Tariff Threats Vs Mexico, Canada
BMW's plant in San Luis Potosi, Mexico, produces the 3 Series, 2 Series Coupe and M2, with nearly all output going to the U.S. and other markets worldwide, according to the carmaker. From 2027, it will produce the all-electric Neue Klasse model line.
Nobody wins a trade war as China discovered in its trade skirmish with Australia between 2020 and last year, and which the U.S. and Canada will also discover.
Mexico’s president immediately ordered retaliatory tariffs and Canada’s prime minister said the country would put matching 25% tariffs on up to $155 billion in U.S. imports. China’s Ministry ...
Some U.S. Congress members are frustrated by President Trump's threat of new tariffs against Canada, China, and Mexico. While ...
Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, ...
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