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

ery venture Musashi Seimitsu to showcase original products and co-developed solutions at IAA 2019 Musashi Seimitsu showcases driving module for EV in cooperation with REE at IAA JM Energy to become subsidiary of Musashi Seimitsu Industry Japanese parts suppliers paying close attention to effects of USMCA trade pact Musashi Seimitsu Industry to reorganize production system in Europe to increase operation ratio Musashi Seimitsu Industry Co., Ltd. a...

Major Suppliers  Updated at: 2025/08/25

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

at its Pesqueria plant in Mexico by the end of 2022, supported by sales of the Rio subcompact, which is produced at the Pesquería plant, and in H1 2022 is the second best-selling model in Mexico.Kia Mexico now has 700 suppliers that contribute regional content to its vehicles, as called for in the USMCA trade agreement, an increase from the 500 local suppliers it had in 2019. On September 26, Kia Motors announced that it will invest USD 408 mill...

OEM Plants  Updated at: 2025/08/21

n built by Volkswagen de Mexico, Puebla, and have been sold in 91 markets worldwide, including more than 1.2 million second-gen and .5 million third-gen models. On July 9, Volkswagen de México confirmed an investment worth USD 2.5 billion in the country, and announced that, as a consequence of the USMCA’s ratification, the company will increase its supply in Puebla to produce a new SUV in 2020. While auto parts suppliers will be able to retain...

OEM Plants  Updated at: 2025/08/21

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

18 and looks to ship 200 units by 2019. Sales of buses in the Mexican market in 2018 is expected to be 750 units, an increase of approximately 25% compared to 2017. As of September, Volvo Buses market share in Mexico was 39.7% in coaches and 57% in urban buses. Since no changes were made in the new USMCA trade agreement in the rules of origin for buses, Volvo Buses expects no impacts on exports in the region....

OEM Plants  Updated at: 2025/08/15

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

ew plant in Guanajuato, Mexico is 70% complete. The start of operations remains to be December 2019, with an initial production capacity of 100,000 Tacoma pickup trucks per year built by 1,000 workers. Toyota affirmed there will be no change of plans following the result of the new trade agreement (USMCA) negotiations, and that the outcome will only give certainty to the investments they have planned for Mexico. On November 20, Toyota Motor Corpo...

OEM Plants  Updated at: 2025/08/05

entinian market in October Chevrolet introduces 2021 Silverado in Uruguay as South American rollout expands GM, VW suspend some production in Mexico due to gas shortages GM halts weekend full-size pickup production for first time at 2 U.S. plants due to parts shortage U.S., Mexico announce first USMCA remediation action at GM Silao plant GM idles 4 North American SUV plants, as it ships 30,000 pickups with semiconductor parts installed GM tr...

OEM Plants  Updated at: 2025/08/05

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

direct impacts of imposed tariffs in North America by utilizing local networks of industrial operations and suppliers within the region. Most of its Mexican sales to the USA pass customs duties on to customers. Meanwhile, more than 80% of USA purchases of components outside the USA are eligible for USMCA (United States-Mexico-Canada-Agreement) qualification or mandated by FORVIA's customers, eliminating the US customs duties for FORVIA. Regarding...

Major Suppliers  Updated at: 2025/07/29

shed the closure of the Querétaro Autoliv Steering Wheel case in which workers' association rights were allegedly denied. Mexico and U.S. concluded that the facts presented in the request through the Labor Rapid Response Mechanism (MLRR) were resolved within the 45 calendar days established in the USMCA for the Mexican government to review the cases internally. It was determined that Autoliv Steering Wheel acted in a way that the rights of worke...

Major Suppliers  Updated at: 2025/07/29

sets by around 15%, compared with the same period of 2024. Valeo has also conducted an exhaustive review of its supply chain to mitigate the direct impact of the new tariffs. As a result, more than 90% of products produced by the Group in Mexico and imported into the U.S. are now compliant with the USMCA (United States-Mexico-Canada-Agreement). For products affected by the increase in tariffs, Valeo aims to obtain compensation from customers for ...

Major Suppliers  Updated at: 2025/07/29