Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%

Mexican Economy Minister Marcelo Ebrard:

  • cars assembled in Mexico and exported to the United States will face an average tariff of 15%, not 25%
  • citing additional discounts that local products benefit from

Reuters with the info.

This article was written by Eamonn Sheridan at www.forexlive.com.