Auto industry may feel the deepest impact from Mexican tariffs

Auto industry may feel the deepest impact from Mexican tariffs

President Trump’s announcement of tariffs on all Mexican imports starting on June 10 could create economic woes for automakers and the agriculture industry. Auto parts and vehicles manufactured in Mexico represent the biggest chunk of its trade with the US, totaling $93 billion last year. Mexico is also the largest agricultural supplier to the US.

KCooper
KCooper
Rocky LeBlanc
Rocky LeBlanc 7 months

Cool. It will also substantially reduce the costs of welfare programs if it actually causes Mexico to stop pass through illegals. We spend billions every year on illegals not to mention the cost of human life and quality of life. If all we lose is a couple bucks on guac I'm very much cool with that.

ThatOneGuy WhoDoesThatThing
ThatOneGuy WhoDoesThatThing 7 months

Worth it. Mexico needs to understand that pissing off your source of income has repercussions. It’s some short term pain for us, but a significant hit for them.

Thumper Plexed
Thumper Plexed 7 months

People who say "Guac" make me want to brush my tongue with Strychnine. Guacamole sounds flavourful and delicious, where as Guac sounds like something you scrape off the bottom of your boot in San Fransisco.

Beck70
Beck70 7 months

So, it would have zero effect on me. Sounds awesome!

Doug
Doug 7 months

If they hadn’t taken jobs from Americans and moved them to Mexico in the first place, they wouldn’t be worrying about tariffs now, would they?

Roadhog
Roadhog 7 months

What I don't understand is punishing Mexican and American citizens in order to compel action from the Mexican government. They aren't the ones feeling the squeeze. I sincerely don't think it will achieve anything, but stranger things have happened in this timeline.

.       .
. . 7 months

It will also force Mexico to pay for the wall. Trump 2020!!

Jax Milovitch
Jax Milovitch 7 months

It’s like here in Australia we get ads telling us hey guys use less water or it’ll run out ... oh here’s another 20000 to the pop 😘 omg don’t use plastic bags

Nika D
Nika D 7 months

I don’t believe in tariffs. I would’ve liked to see this done differently—through foreign aid being withheld perhaps. I agree with the endgame but this is a dangerous game of chicken.

themdg
themdg 7 months

Fine with me. Use it to pay for the wall, and reduce entitlements.

.       .
. . 7 months

No, Mexico is in the crossfire. And companies that have no allegiance to the American worker.

JanitorJez Mean Badger
JanitorJez Mean Badger 7 months

Ooops! There goes your tax cut The Trumpy gave, and the Trumpy has taken away; blessed be the name of the Trumpy. 😂

FATBINK
FATBINK 7 months

Oh no! How will the millennials survive without their avacado toast.

Bones
Bones 7 months

Not the guac! Anything but that! /s

FATBINK
FATBINK 7 months

It'll hurt them more than us.

Danny
Danny 7 months

What Americans still support GM anyway?

david dindu
david dindu 7 months

i bet theyre all donating to biden

Rational ific
Rational ific 7 months

I cared about borders before...but my nation's future pales in comparison to another dollar added to my guac and beer! (jk)

consistency
consistency 7 months

Mexico didnt take jobs, American corporations moved them there.

Adam Marceau
Adam Marceau 7 months

they are no longer a US company that fact should be obvious given they are worrying they are going to take a massive hit over a tariff on Mexico these are multinational now with no allegiance to the country just because this is were they where founded

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