Mexico minister says cars shipped to US to face average 15% tariff, not 25% - MON ANIO

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Tuesday, May 20, 2025

Mexico minister says cars shipped to US to face average 15% tariff, not 25%

Mexico minister says cars shipped to US to face average 15% tariff, not 25%New Foto - Mexico minister says cars shipped to US to face average 15% tariff, not 25%

MEXICO CITY (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. (Reporting by Diego Ore; Editing by Sarah Morland)