New US tariff scheme gives Mexico’s auto industry ‘an additional comparative advantage,’ says Sheinbaum
In a concession to automakers in the United States, U.S. President Donald Trump on Tuesday signed two executive orders to relax his auto tariffs, a move that President Claudia Sheinbaum said gives Mexico “an additional comparative advantage.” The modifications to the 25% tariffs on imported vehicles and auto parts came just over one month after Trump first announced them . The U.S. tariff on imported vehicles took effect on April 3, while the tariff on certain auto parts is set to take effect on May 3. @POTUS : “To keep my promise to the great state of Michigan, I terminated Joe Biden’s insane Electric Vehicle Mandate… I’ve just signed an Executive Order to give partial Tariff rebates to any company that assembles its cars right here in the USA.” pic.twitter.com/vGtdmfO7Rk — Rapid Response 47 (@RapidResponse47) April 29, 2025 The United States’ justification for the duties is that imports of automobiles and certain auto parts pose a threat to the national security of the U.S. ...