SA Auto Component Manufacturers Roll Back Production After Crippling Trump Tariffs

SA auto component manufacturers roll back production after crippling Trump tariffs

The sky-high tariffs imposed by US President Donald Trump earlier this year have forced SA automotive component manufacturers to scale down production.

Mexico and Canada will have preferential treatment with respect to the rest of the world in terms of the application of automotive tariffs. As published by the Office of the United States Trade Representative (USTR), importers qualifying for preferential tariff treatment under the Treaty between the United States, Mexico and Canada (T-MEC) may submit documentation identifying the amount of US content in each model imported to the United States t…

Suppliers, manufacturers and representatives of the automotive and auto parts industry expect that during the next review of the Mexico, United States and Canada Trade Agreement (T-MEC) the regional content of the rules of origin will increase by up to 10 percentage points in all categories that the cars must comply with. Currently the T-MEC calls for compliance with the regional content value of 75 percent auto parts, in main parts 70 percent a…

Ontario auto production suffers as U.S. tariffs take hold

Three of eight plants in the province have introduced layoffs and production cuts

Outside voices: Trump tariffs could complicate USMCA auto-rules review

With so much about the future state of North American automaking in flux as a result of the tariff regimes the Trump Administration has instituted, modified and threatened, the upcoming U.S.-Mexico-Canada Agreement review (and possible renegotiation) will hinge “on resolving auto trade rules,” writes Joshua Meltzer, Brookings Institution senior fellow, in a new analysis. Meltzer argues USMCA’s future may depend on the outcome of the auto-rules r…

Trump advocates for renegotiation of USMCA trade agreement amid national security concerns

President Donald Trump is calling for the renegotiation- or possible termination– of the U.S.-Mexico-Canada Agreement (USMCA), five years after touting it as a major economic achievement. The announcement follows a series of new tariffs that have disrupted the North American auto industry and raised questions about the future of cross-border trade.  USMCA, which replaced the North American Free Trade Agreement (NAFTA) in 2020, allows goods and s…