US President Donald Trump has proposed the introduction of 25% on the import of cars from Mexico and Canada, which has already caused anxiety among the largest American auto concerns. According to experts, such actions can adversely affect the transnational Stellantis corporation, as well as on General Motors and Ford's automotive giants. For these companies, the proportion of imported cars from Mexico and Canada is 40%, 30% and 25%, respectively.
This innovation is part of Trump's policies aimed at stimulating the transfer of production to the United States and supporting the development of the US Auto Industry. However, experts note that such a strategy has serious risks. In particular, Mexico is ranked 4th in the world in terms of auto parts export, supplying $ 126 billion to the US market. It provides 42% of all components for the US cars. Thus, the introduction of duties can lead to serious financial losses for American auto concerns, which are strongly dependent on importing components from these countries.
Experts warn that under high duties, US companies will either have to increase prices for their cars or change the strategy of supplying components, which in any case will have negative economic consequences.
