The Auto Industry Is SCRAMBLING Due To President Trump's New Tariffs Slated For Mexican Imports

Global auto and parts manufacturers scrambled on Friday to make contingency plans and look at ways of speeding some deliveries after U.S. President Donald Trump threatened new tariffs on all Mexican imports starting early next month.

Companies based in North America, Asia and Europe were holding conference calls and meetings to explore if they could move up certain shipments of parts and vehicles to mitigate tariffs on Mexican goods, auto executives and trade group officials said.

Those tariffs were set to begin at 5 percent on June 10 and rise from there - to 10 percent on July 1 and ultimately hitting 25 percent on Oct. 1 “unless Mexico substantially stops the illegal inflow of aliens coming through its territory,” Trump said Thursday...
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CANADIANCOMMENTS - 6/1/2019 10:21:18 AM

-5 Boost

So much for signing a deal with the Americans. If your signature on a trade agreement is not worth anything.... what next?

MDarringer - 6/1/2019 10:46:21 AM

+6 Boost

So the Mexicans have NO RESPONSIBILITIES? Are you that bereft of a moral compass?

CANADIANCOMMENTS - 6/1/2019 11:16:36 AM

-3 Boost

@MD- I never said they didn't. But these are separate issues. If you sign a trade agreement you should stick to it.

MDarringer - 6/1/2019 11:56:47 AM

+5 Boost

They are ONLY separate issues to people like you who deal in the world of situational ethics and you screw morality if it advances your political ideology which in this case is bitching about President Trump any chance you get which is patently unethical on your part because you are CANADIAN.

CANADIANCOMMENTS - 6/1/2019 5:04:36 PM

+3 Boost

@MD- The problem remains of people coming from other countries through Mexico into the USA and Canada. You fix the problem at the source. If nations thought bigger there would be a free trade area from Alaska to Argentina. All boats rise with the tide. This would lift millions out of poverty, spur investment and create jobs and stop the flow of immigrants. Sending in the Army to deal with the Cartel's once and for all would also be a step in the right direction.

MDarringer - 6/1/2019 6:23:35 PM

-1 Boost

It's Mexico's moral responsibility to secure its borders. It refuses to do that, thus they are public enemy #1. You bring Mexico's income to its knees in retaliation and they won't give a second thought to keeping central Americans from having an easy crossing if their already faulty economy is decimated. Time for the US to hobble Mexico and then on to Canada.

MDarringer - 6/1/2019 10:35:51 AM

+4 Boost

This is exactly how you play hardball with an irresponsible regime like the one that is sending Mexico into ruin.

May Fidel Castro's bastard son be next.

MDarringer - 6/1/2019 11:57:15 AM

+4 Boost

First Mexico and then on to Canada.

countguy - 6/1/2019 12:09:00 PM

-6 Boost

Donnie dotard is a dumpster fire, but not surprised from the idiot who loss 1.5 billion of his daddies money.

MDarringer - 6/1/2019 12:26:06 PM

+2 Boost

Yeah Barack the Racial Token was so much better.

Truthy - 6/2/2019 10:23:13 AM

+2 Boost

I am not a fan of Trump, but these central American refugees have to travel nearly a thousand miles through Mexico to get to our border. Mexico is not doing nearly enough to slow this down. Maybe this will get their attention.