3 Nov. 2016
Nuevo Laredo, Mexico
President Trump says a tariff of 5% will be imposed on all goods coming from Mexico, increasing gradually each month until it reaches 25% in October, unless Mexico takes immediate action to curb illegal immigration.
Automakers have long built vehicles in Mexico, taking advantage of the country's cheap labor, trade deals and proximity to the United States, the world's largest auto market after China.
These are the manufacturers and sectors most exposed to possible tariffs on Mexican exports to the United States, based on 2018 production and export figures supplied by the Mexican Automotive Industry Association: