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Tariffs
U.S.-Mexico tariff deal reportedly stalled over Commerce Secretary Lutnick objections
Progress toward a U.S.-Mexico tariff agreement has stopped after opposition from Commerce Secretary Howard Lutnick, the Wall Street Journal reported on October 15, citing people familiar with the negotiations.
The two countries had been working toward a deal to lower U.S. tariffs on steel, aluminum and automobiles in
Mexican Gov. eliminates auto parts import tariffs for five years from Oct. 14
On October 13, it was reported that the Mexican government eliminated the 10% import tariff on auto parts and components used for vehicle assembly for a five-year period, effective October 14.
The measure modifies Mexico’s General Import and Export Tax Law tariff schedule and applies to tariff classification 9803.00.
Stellantis CEO Filosa sees eventual U.S. shift to EVs, need for regional strategies
On October 13, Stellantis CEO Antonio Filosa said the U.S. will eventually adopt EVs, but the transition will be slower than in other regions, while also noting a growing interest in range‑extender technology for trucks and SUVs in the U.S.
Speaking on the sidelines of the Paris Motor Show, Filosa said EVs accounted
Tesla Canada pauses order taking of basic version EV from Gigafactory Shanghai after ‘exhausting’ quota
Tesla has paused Canadian sales of its low-cost Model 3 imported from Gigafactory Shanghai after the company exhausted the allotment of its federally issued import quota, Tesla said in a notice posted on its website October 12.
The banner on Tesla’s Canadian website says “Model 3 Premium orders paused after high dema
Geely announces official entry into Canadian market
On October 9, Geely Auto officially announced its entry into the Canadian market. With a Canadian team now in place, Geely is establishing local operations and developing a retail and service network ahead of introducing its first vehicles in 2027.
“Canada represents an important next step in Geely Auto’s internation
Mexico optimistic on tariff deal with U.S. on autos, steel, aluminum; seeks better terms than Canada
Mexico’s government is increasingly confident regarding a potential trade deal with the U.S. that would include reduced tariffs on exports including steel, aluminum and light vehicles, according to multiple Mexican officials familiar with the situation.
The two countries are currently working on details of an agreeme
USITC enables higher U.S. import tariffs for China-built van-type trailers
On September 25, the U.S. International Trade Commission (USITC) ruled that Chinese imports of van-type trailers and subassemblies cause material injury to a U.S. industry, clearing the way for the U.S. Department of Commerce to impose antidumping and countervailing duties.
The Commerce Department had previously foun
GlobalData blog: Beyond EU tariffs: How China-origin vehicles continue to grow in Europe
Following an anti-subsidy investigation, the European Commission imposed provisional countervailing duties on China-built Battery Electric Vehicles (BEVs) in July 2024, before confirming manufacturer-specific duties for a five-year period starting October 30, 2024. These rates range from 7.8% for Tesla’s Shanghai pro
U.S. Trade Representative Greer pressed over USD 166 billion IEEPA tariff refunds
On September 22, six Democratic senators pressed U.S. Trade Representative Jamieson Greer to get tariff refunds to consumers after the Supreme Court invalidated Trump’s IEEPA emergency tariffs Customs and Border Protection opened its CAPE portal for companies seeking refunds.
CBP collected roughly USD 166 billion und
Japan, U.S. in talks to build semiconductor plant as part of tariff deal
Japan and the U.S. are in talks to build a semiconductor plant in the U.S. as part of Japan's USD 550 billion tariff-deal investment pledge between the two countries, according to officials of both governments familiar with the negotiations.
The project is expected to be worth JPY 2 trillion to JPY 3 trillion yen (
Stellantis’ Brampton plant sale could enable Chinese OEM, mayor says
On September 18, the mayor of Brampton, Ontario, Patrick Brown said that while Canadian defense manufacturer Roshel is the leading suitor to buy Stellantis idled Brampton Assembly Plant, Chinese automakers have also inquired about car factory.
Brown warned that inviting in Chinese companies could devastate the Detroi
Trump threatens more tariffs if Canada-EU associate membership proves “hostile act”
On September 16, U.S. President Trump said that if Canada joins the European Union as a proposed associate member intended as a “hostile act” against the U.S., he may impose tariffs on Europe or halt trade with the bloc.
Trump was asked about European Commission President Ursula von der Leyen’s proposal for Canada to
GlobalData blog: Nearshoring: Challenges and opportunities for Mexico's automotive sector
At this year’s Mexico Nearshoring and Logistics Auto Industry Summit 2026 in Mexico City, where GlobalData participated in the “Automotive Market Forecasts and Industry Trends” panel alongside other leading voices in the market, one theme underpinned nearly every question: whether Mexico can convert its expanding rol
Hyundai Thailand MD says BEV tax uncertainty delays customers, complicates planning
Reported on September 11, 2026, uncertainty over Thailand’s potential changes to the BEV tax structure is causing customers to delay decisions and making it difficult for businesses to plan, according to the Managing Director of Hyundai Mobility (Thailand).
The company MD called for the Thai government to finalize an
Stellantis evaluates moving heavy-duty Ram production from Mexico to Warren Truck Assembly
Stellantis has begun asking suppliers to assess the business case for moving heavy-duty Ram pickup production from Mexico to Michigan as the company works to avoid tariffs in the face of ever-changing tariffs and USMCA negotiations.
The proposed goal is to move production of heavy-duty Ram 2500 and 3500 pickups to th
GlobalData blog: Thailand: Impacts of restructuring excise taxes on imported BEVs
In July, we published an article titled “Upward Revision for Thailand’s 2026 LV Sales and Scenarios After EV 3.5.” As expected, the Thai government is now restructuring its excise tax framework which involves lowering excise taxes for locally manufactured models that meet specific local content requirements and/or ra
Canada’s Carney seeks EU alliance in bid to realign trade from U.S.
On September 13, Prime Minister Mark Carney said that Canada plans to begin discussions for a "unique alliance" with the European Union, but not membership, as he prepares to address the European Parliament on September 17.
Carney will be traveling to Strasbourg, France, on September 15 and will address the European
U.S. and Mexico work toward bilateral trade deal before U.S. mid-term elections
Mexico and the United States are working to reach a bilateral trade deal before U.S. midterm elections less than eight weeks away, according to sources in both countries familiar with the talks.
"We both want to reach a deal before the midterms," said one Mexico-based source, who spoke on condition of anonymity. For
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