What the Auto Drivers Said About Tariffs in 1Q25

The entry into force of the tariffs promoted by the President of the United States, Donald Trump, had immediate repercussions for domestic and foreign motor vehicles. Even with the adjustment announced on April 29, aimed at softening the impact, and the exemptions applicable under the trade agreement with Mexico and Canada (T-MEC), the effect was evident in the industry. Example of this was Ford, which estimated a net impact of $1.5 billion (mdd…