Trump extends relief from stinging auto tariffs
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The Canadian prime minister says the automaker's CEO assured him it is looking at building a different model than the Jeep Compass at the factory.
Canadian Prime Minister Mark Carney has said that the United States-Mexico-Canada Agreement (USMCA) is key to maintaining the U.S. auto industry's competitiveness following his meeting with President Donald Trump at the White House.
Chinese company Yongmaotai Automotive Technology has announced an investment of around US $63 million to build an auto parts plant in the northern border state of Coahuila, Mexico.
Mexico's auto industry warned of a "complex outlook" ahead of the 2026 review of the United States-Mexico-Canada Agreement (USMCA), with executives citing concerns over tighter rules of origin and scrutiny of Asian content in components.
Canadian Prime Minister Mark Carney criticized U.S. President Donald Trump’s tariffs on foreign-made vehicles.
The clock is already ticking toward 2026 and, with it, the first formal review of the United States-Mexico-Canada Agreement (USMCA). For manufacturers across North America, this milestone is far more than a bureaucratic check-in. It’s a strategic inflection point that could reshape the region’s trade architecture for years to come.
(Reuters) -Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on ...