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According to people familiar with the matter, the Mexican government is urging the US to lower tariffs on North American cars as part of negotiations to revise the US-Mexico-Canada Agreement. The move is a counterproposal made in response to the Trump administration's demand for cars to increase the share of American parts. The Trump administration is currently imposing 25% tariffs on parts of cars imported from Canada and Mexico that are not made in the US. Mexico has proposed a proposal in recent weeks to expand the range of parts that can enjoy zero tariffs for automobiles and lower the maximum tariff rate for North American cars. People familiar with the matter involved in the negotiations said that according to Mexico's plan, the US will only levy tariffs on the value of auto parts produced outside of North America, and all parts from Mexico and Canada can enjoy tax exemptions.

Zhitongcaijing·08/13/2026 00:25:05
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According to people familiar with the matter, the Mexican government is urging the US to lower tariffs on North American cars as part of negotiations to revise the US-Mexico-Canada Agreement. The move is a counterproposal made in response to the Trump administration's demand for cars to increase the share of American parts. The Trump administration is currently imposing 25% tariffs on parts of cars imported from Canada and Mexico that are not made in the US. Mexico has proposed a proposal in recent weeks to expand the range of parts that can enjoy zero tariffs for automobiles and lower the maximum tariff rate for North American cars. People familiar with the matter involved in the negotiations said that according to Mexico's plan, the US will only levy tariffs on the value of auto parts produced outside of North America, and all parts from Mexico and Canada can enjoy tax exemptions.