Mexico, Canada and China were, in descending order, the top exporters of auto parts to the United States in 2024. From around the world, the United States imported automotive parts with a customs value of $192.397 billion in 2024, registering a year-over-year increase of 2.3%, according to Commerce
The Mexican government did not announce on Monday retaliatory tariffs against the United States for the 25% general tariff ordered the day before by President Donald Trump on U.S. steel and aluminum imports. In a conference at the National Palace, Mexican President Claudia Sheinbaum did not immediately react
What are the top 10 facts about the U.S. steel tariffs ordered by President Donald Trump on Monday? These import taxes will spark trade wars around the world, because many affected countries will predictably respond with retaliatory tariffs. Here are the top 10 facts about U.S steel tariffs:
The National Auto Parts Industry (INA) highlighted five impacts for Mexico if US President Donald Trump imposes general tariffs. Founded in 1961, INA represents more than 700 auto parts manufacturing plants with operations in Mexico. Impacts for Mexico Trump has signed executive orders allowing the imposition of high
How many 3B stores does BBB Foods have in Mexico? At the end of 2024, the company operated 2,772 stores. BBB Foods is a pioneer and leader in the retail sale of discount grocery products in Mexico. Its name, 3B, stands for “Bueno, Bonito y Barato” (Good, Nice
Mexico, Japan and South Korea, in descending order, were the largest auto exporters to the United States in 2024 in value terms. Surpassed by China, the U.S. auto market ranks second globally, and its auto imports in 2024 grew at a year-on-year rate of 4.3% to $216.806 billion.