Mexican Auto Exports’ Pickup Faces USMCA, Tariff Uncertainties — Panjiva


Mexican Auto Exports’ Pickup Faces USMCA, Tariff Uncertainties

Cons. Discr. - Autos 661 Mexico 505 Tariffs 1169 U.S. 3297 USMCA 373

Mexico’s auto-makers accelerated their export growth in January with a 4.9% year over year expansion following a 1.8% rise in 4Q 2018. General Motors led the way with a 31.7% increase, though January does normally represent the seasonal trough for the year. The regulatory outlook for the automakers should be secured by the U.S.-Mexico-Canada Agreement (USMCA). Yet, USMCA has yet to be ratified by any of the three countries. That in turn raises doubts as to whether the exemption from section 232 tariffs on the sector will apply. Among the Mexican automakers Ford is most exposed to t...

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