USMCA Watch: Late Ratification Could Lead to Autos Industry Tariff Bedlam — Panjiva
Más

Panjiva_research_logo

USMCA Watch: Late Ratification Could Lead to Autos Industry Tariff Bedlam

Cons. Discr. - Autos 661 Mexico 505 Tariffs 1169 Trade Deals 702 USMCA 373

Slow progress on ratification of the U.S.-Mexico-Canada Agreement (USMCA) raises the risk that a carve out for Mexico and Canada from America’s forthcoming section 232 tariffs on the automotive industry may not be applied. President Donald Trump has to make a decision on those duties by May 17. The delays come as Mexican exports of cars and light trucks fell 0.1% year over year in February, led by a drop in shipments by Fiat Chrysler and General Motors. Volkswagen by contrast, which has a lower exposure to the U.S. and hence any new tariffs, saw an increase in exports. The U.S. accounted...

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.