Companies that might be affected by Trump's promised tariffs

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Donald Trump Notícia

Tariffs,United States

US President-elect Donald Trump on Monday (Nov 25) pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement

President-elect Donald Trump speaks at a meeting of the House GOP conference, Nov 13, 2024, in Washington. ASIAN AUTOMAKERS

Nissan Motor has two plants in Mexico where it makes the Sentra, Versa and Kicks models for the US market. It produced nearly 505,000 vehicles in Mexico in the first nine months of this year. The company does not disclose how many of those were exported to the US market.It sold more than 230,000 of the Tacoma in the US last year, representing about 10 per cent of its total sales in that market.

Tesla originally planned to start production in Mexico in early 2025 but has largely walked away from that goal and shifted to an expansion plan with its Texas plant.'No one will win a trade war,' China says after Trump tariff threat Chinese top EV maker BYD has been scouting for locations to build a plant in Mexico but has said repeatedly that the factory will serve the domestic market and not produce cars to be sold in the US.

 

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