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The US government has introduced 25 percent tariffs in all imports from Mexico and Canada. The event promoted by Donald Trump threatens the free trade system that retries three countries for more than 30 years.
Before confirmation of tariffs on March 4, the head of the Mexican Ministry of Economy (SE) Marcelo Ebrard warned that these taxes will be represented approximate cost About 89 million dollars of $ 20.5 billion for American family. He also warned about possible inflation effects such as computers, TVs, refrigerators, agricultural products, car parts and vehicles.
Mexico is a major trading partner for the United States. Mexican exports between January-November 2024 reached $ 466.6 billion and the Azerbaijani exports to $ 309.4 billion.
In Mexico, these ratios will affect the automotive and electronics sectors, especially. The automotive and electronics industry estimated about 46 percent of the sale of Mexico and the United States worth $ 200 billion.
The automotive industry is at risk
The automotive industry demonstrated significant regional integration under the United States-Mexico-Canada-Canada Agreement (USMCA). This Agreement allows foreign companies in Mexico or Canada to use local sources to export their products to the United States in low tax rates.
Trump management claimed that this situation was operated by China to strengthen the automotive industry. Mexico became the third largest exporter of vehicles in the world. Between 2022 and 2023, according to the World Trade Organization, sales between 2022-2023 increased by 14.33 percent to $ 188.9 million. Most of these sections are sent to the United States, although most of the people can withdraw to China as the main auto supplier of Mexico, which exports in 2023 in 2023.
The introduction of the Mexican National Automotive Parts Industry (InA), Mexican Idbratic Tariffs The application of tariffs is weak, reduces the competitiveness in the region and affects economic stability. The statement stressed that the automobile and car parts sector is the column of North American exports, the ability to create more than 11 million jobs in USMC countries. The association thinks that the collection of gathers in Mexico can reduce the production of up to a million due to new taxes affect the existence, workplace and supply chain.
Mother states producing car parts in Mexico are the city of Mexico, Chihuahua and Nuevo Leon. Experts say that most affected companies will be collected from the United States, Japanese and European origin. Ebrod estimated that the new tax burden will affect the 12 million households in the United States, and the cost of $ 10.4 billion in this area will increase. As an example, 88% of 88% of 88 percent of the pickups sold in the United States are collected from Mexico and the general engines, Ford and Stellantis said.
The Minister of Economy stressed that the tariffs will shoot itself in the United States, its own self-dependent on its own Mexican production of itself itself, it would affect its own transport companies.
In the increase in electronic prices
The electronic and device sector will also affect. In November 2024, the export of Mexico electricity and electronic equipment reached $ 8.9 billion, 88.8 percent were appointed for the United States. The production of these devices, Baja California, Chihuahua and Nuevo Leon, thousands of work and assembly plants can be at risk.
Trump tariffs will have an important impact on US consumers. A Sec Study estimates that additional payment will cost an additional $ 7.1 billion for 40 million families buying a computer. In the same way, when buying new monitors, about 32 million families are expected to pay up to $ 2.4 million, and about five million families will cost an additional $ 817 million.