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Mexico hits Asian cars with 50% tariff; China vows retaliation
China has officially warned that it will retaliate after Mexico announced a plan to increase tariffs on Chinese cars to 50%, up from the current 20%.
China has threatened Mexico with countermeasures should it formalize its plan to hike tariffs on Asia-made cars to 50%. "China will take necessary measures," China’s Ministry of Commerce said in a ...
The Mexico-China Chamber of Commerce and Technology (MEXCHAM) has warned of the potentially negative consequences of ...
Plans for global growth rarely follow a straight line, especially when politics and international trade come into play. For BYD, one of the world’s fastest-rising automakers, a much-anticipated ...
China's Ministry of Commerce warned Mexico Thursday to "think twice" before implementing planned 50% tariffs on Asian-made ...
Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 percent tariff on autos imported ...
(Bloomberg) -- Uber driver Patricia Gatica looked no further than her nearby Chevrolet dealership for a new car. The mustard yellow Chevy Aveo she chose is small enough to squeeze through the ...
An Automotive News report this morning says BMW may build a factory in Mexico to assemble future versions of its 3-Series sedans and new front-wheel-drive models. If BMW does make such a move, it ...
Following the US automotive tariff, the industry is reassessing production line adjustments. Notably, China is experiencing rising demand in its automotive sector. In response, Hiroca Holdings Ltd., ...
The surge in Chinese car exports is reshaping automobile markets around the world, flooding countries with affordable vehicles and triggering a price war that’s rippling through showrooms from Mexico ...
Although President Donald Trump recently announced measures that would soften the blow of tariffs on the auto industry, current tariffs of 25% on imported vehicles into the U.S. will continue. This ...
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