‘We need USMCA’: Auto suppliers face distress from Trump tariffs

‘We need USMCA’: Auto suppliers face distress from Trump tariffs

By Breana Noble, The Detroit News SOUTHFIELD, Michigan — Working to have the U.S. government honor conditions of the United States-Mexico-Canada trade agreement is a top priority for the vehicle suppliers’ lobbying trade group, the association’s leaders said Friday. “For the U.S. to be globally competitive, we need USMCA,” Paul McCarthy, president-elect of MEMA and president of its aftermarket suppliers group, said before the Automotive Press As…

Mexican manufacturing, a pillar of the national economy, was strengthened despite the panorama of uncertainty due to Donald Trump’s trade policy, due to the growth of the automotive sector, as well as the improvement of the US industry. According to data from the National Institute of Statistics and Geography (INEGI), the value of manufacturing production in Mexico amounted to 985,663 million pesos during March 2025. This amount, in real terms, …

Trump’s auto tariffs reignite concerns about GM’s future in South Korea

SEOUL, South Korea - In South Korea, the Trump administration’s 25% tariff on imported cars has sent local automakers Hyundai and Kia scrambling to protect one of the country’s most valuable exports. But General Motors, which last year shipped 418,782…

"It's very tough. We have to rethink the assumptions of our business," sighed an executive at a major automaker. The auto industry will be hit hard by Trump's tariffs. The US is the second largest market in the world, with annual sales of about 16 million vehicles. The world...