tariff increases, with a further 30–35% in advanced talks. The remainder are still discussing shared absorption or alternative billing structures. Suprajit's broad manufacturing presence across India, China, Canada, Europe, and Mexico means roughly 70% of its US exports are already compliant with USMCA norms, thus exempt from the tariff hike. The company emphasized that tariff-related risks are being carefully managed, and the situation may eve...

News  Updated at: 2025/08/29

Canada to reduce scope of retaliatory tariffs on U.S. imports on September 1 In a statement from the Office of the Prime Minister of Canada on August 22, 2025, Canadian Prime Minister Mark Carney announced that Canada would remove all of Canada’s tariffs on imported U.S. goods covered specifically by the United States-Mexico-Canada trade agreement (USMCA). This decision will take effect starting September 1, 2025. Canada will retain its tariffs...

News  Updated at: 2025/08/26

statement, the two leaders agreed to reconvene shortly, but no additional details were provided as to when a future meeting or conversation would occur. In July 2025, President Trump signed an executive order which increased U.S. tariffs on Canadian imports to 35% on all products not covered by the USMCA trade agreement. (Office of the Prime Minister of Canada release on August 21, 2025)...

News  Updated at: 2025/08/23

s marks a historic shift in North American automotive trade dynamics and underscores Mexico’s growing role as a manufacturing powerhouse. The change is largely attributed to the additional tariffs imposed by the Trump administration on vehicles with non-U.S. content. Despite protections under the USMCA, these tariffs disrupted supply chains and strained trade relations. Canada responded with its own tariffs on U.S.-assembled vehicles, accelerat...

News  Updated at: 2025/08/20

lture despite softer sales, while mobility saw a 19.6% increase in normalized operating earnings to CAD 150.9 million, with margins returning to normal levels. New product launches bolstered volume in North America and Asia Pacific. Importantly, Linamar products remain exempt from tariffs thanks to USMCA compliance. Executives emphasized cost discipline, lean operations, and strong balance sheet positioning to capitalize on onshoring opportunitie...

News  Updated at: 2025/08/15

Motherson, India mentions that tariff turbulence manageable due to global scale In its FY 2024–25 annual report, Samvardhana Motherson International Limited (SAMIL) mentioned that a significant portion of its U.S. sales is USMCA‑compliant. For the remainder, it works with customers on pragmatic solutions, including alternative sourcing and the structured pass-through of tariff-related direct costs. It said that the ongoing investments in loca...

News  Updated at: 2025/08/14

on maintenance tasks. Production reportedly ceased in late 2024, with recent activity limited to rework for other sites such as Monterrey. According to the local CTM union leader Mario Dante Galindo Montemayor, nearly 950 workers have been laid off amid declining orders, uncertainty surrounding the USMCA renegotiation, and looming U.S. tariffs of up to 25% on automotive products. Galindo warned that the situation reflects a broader industry adjus...

News  Updated at: 2025/08/07

Exemption protects Canadian, Mexican suppliers amid tariff spikes Despite President Trump’s recent move to impose a 35% tariff on Canadian goods, most exports from Canada and Mexico remain unaffected due to the United States-Mexico-Canada Agreement (USMCA). Nearly 90% of Canadian exports and over 84% of Mexican exports to the U.S. continue to enter duty-free, shielding key suppliers in sectors like automotive, energy, and raw materials. Industr...

News  Updated at: 2025/08/07

Trump raises tariffs to 35% on Canadian imports, USMCA goods remain exempt On July 31, U.S. President Donald Trump signed an executive order July 31, increasing tariffs on Canadian imports to the United States to 35%, up from 25% previously. The White House said Canada has “failed to cooperate” in combating the drug crisis and retaliated against the U.S. trade actions with countertariffs on U.S. exports to Canada, so that in response “Presi...

News  Updated at: 2025/08/02

t than other Nations because of both the problems, and assets, of the Border,” Trump said July 31 in a social media post, following a call with Sheinbaum.  For now, Mexico will continue to pay a 25% fentanyl tariff, a 25% tariff on automobiles and parts that do not meet specifications set by the USMCA agreement, and a 50% tariff on steel, aluminum and copper, Trump said, adding that the country had also agreed to immediately terminate its “n...

News  Updated at: 2025/08/01

r added. Besides, the automotive supply chains, which have been distorted and restricted by the tariff dispute, should function again. Müller said that there is a need to find a solution for the previously interconnected North America – the USA, Mexico, and Canada – within the framework of the USMCA agreement, and this is particularly important for the supplier industry. Based on VDA press release...

News  Updated at: 2025/07/29

on July 10, threatening to hit Canada with 35% tariffs on August 1 on exports currently being tariffed at 25%, under Trump's emergency powers, citing the national security threat from fentanyl trafficking. Most Canadian goods are exempt from that tariff, provided they meet the content rules of the USMCA agreement. Separately, Canadian steel and aluminum imports are facing a 50% tariff that the U.S. has imposed on all countries, while the U.S. ta...

News  Updated at: 2025/07/26

300 million (USD 352 million) so far as the company reduced vehicle shipments and cut some production to adjust manufacturing levels. President Trump recently threatened to hike tariffs on Mexico to 30% and Canada to 35% on August 1. For now, only vehicles that comply with the content rules of the USMCA are exempt. (Detroit Free Press and other sources on July 23, 2025)...

News  Updated at: 2025/07/24

Nemak expecting no cost increase due to U.S. tariffs On July 18, it was reported that aluminum auto parts manufacturer Nemak does not expect the U.S. tariff policy to increase its costs, as its products comply with the USMCA’s rules of origin and are tariff-free. The company exceeds the 75% regional content threshold required under the trade agreement, and its customers also avoid duties when exporting to the U.S. CEO Armando Tamez emphasized ...

News  Updated at: 2025/07/18

CAD 1.3-billion investment in added border security. Carney said in his statement that his country had made "vital progress" in stemming the flow of fentanyl. On July 11, a Trump administration official speaking on background said that the 35% levy is not expected to apply to goods that comply with USMCA rules, and would apply only to goods currently tariffed at 25%. However, the official said the president had not made a final decision. The U.S....

News  Updated at: 2025/07/12

hose offset,” House said “It could be by a quarter, it could be by a couple of quarters”, adding “You might have more expense before you actually get the money reimbursed.” On getting suppliers outside the U.S. to relocate: While in Ford’s case, 80% of the parts used on its vehicles are USMCA compliant and 80% of the vehicles they sell in the U.S are built in the U.S., though it warned during its Q1 earnings report that tariffs will a...

News  Updated at: 2025/06/06

article is subject to the 232 Auto/Auto Parts tariff… then the article IS NOT subject to the 232 Aluminum, 232 Steel, IEEPA Canada, or IEEPA Mexico tariffs. Aslo, parts of passenger vehicles and light trucks that qualify for preferential treatment under the United States-Mexico-Canada Agreement (USMCA), ARE NOT subject to the 232 Auto/Auto Parts, the IEEPA Canada, or the IEEPA Mexico tariffs.     An earlier Executive Order issued by the Trum...

News  Updated at: 2025/06/05

  VW imports three vehicles from Mexico: the Jetta compact sedan, Taos subcompact crossover and Tiguan compact crossover. The Tiguan was redesigned for the 2025 model year and is currently arriving at dealerships. The Puebla-built models are compliant with the United States-Mexico-Canada Agreement (USMCA), and so are taxed only on the value of their non-U.S. content. Under full 25% tariffs, the ID. Buzz is imported from Germany, but is temporari...

News  Updated at: 2025/05/31

USMCA trade agreement to be reviewed focusing on rules of origin and new sector-specific quotas in 2026 On May 21, it was reported that the USMCA (T-MEC) will undergo a review in 2026 to revise rules of origin and introduce new sector-specific quotas. During the presentation of the 31st Mexican Foreign Trade Congress in October, COMCE Executive President Sergio Contreras will emphasize the importance of close monitoring in sectors such as metals,...

News  Updated at: 2025/05/23

growth moves the company toward its goal of the region representing 20% of global sales by 2030, at the same time President Trump has increased tariffs on imported vehicles and parts. Paul Thomas, president of Bosch in North America and of Bosch Mobility America, said that the company tries to meet USMCA trade agreement requirements to avoid tariffs on its products and works with customers to find the best location for manufacturing of their part...

News  Updated at: 2025/05/21