Mexico minister says cars shipped to US to face average 15% tariff, not 25%
ReutersMay 20, 2025 11:22 PM
MEXICO CITY, May 20 (Reuters) - Mexican Economy Minister Marcelo Ebrard said on Tuesday that 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.
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