Mexico-Brazil Free Trade Deal Provides Ford, GM With Alternatives Beyond USMCA — Panjiva
Más

Panjiva_research_logo

Mexico-Brazil Free Trade Deal Provides Ford, GM With Alternatives Beyond USMCA

Brazil 260 Cons. Discr. - Autos 661 Mexico 505 Trade Deals 702 U.S. 3297 USMCA 373

Mexico and Brazil have launched a free-trade area for cars and light trucks, allowing duty free trade subject to a 40% local content requirement. Bilateral trade in completed vehicles between the two countries reached $5.35 billion in 2018. That was only equivalent to 7.4% of Mexico’s trade in vehicles, reflecting the importance of the U.S. ​​​​​​​The deal may help automakers in Mexico diversify away from the U.S. ahead of the implementation of the U.S.-Mexico-Canada Agreement (USMCA). The most exposed automakers to the U.S. in terms of Mexico exports in 2018 were Ford – with 91.0% of ex...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.