Aerospace News

Trump considers 25% tariff on imported cars
President Donald Trump has instructed the Department of Commerce “to consider initiating an investigation” to determine whether automotive imports "threaten to impair the national security" of the United States, the White House said in a statement last night. Such probe could result in 25% tarif...
NAFTA deal unlikely to meet US Congress deadline, says Mexican top negotiator
Two days ahead of the deadline established by the US Congress to receive the revised North American Free Trade Agreement (NAFTA) and submit it to ratification, the Government of Mexico acknowledged that there is no margin to conclude the talks. In an interview with Televisa, Mexico's Economy Secret...
Continental: protectionism, trade wars make our products more expensive
German automotive supplier Continental voiced its support to completely abolish trade tariffs or bring them into line at the lowest level. “Protectionism and trade wars make our products more expensive,” Continental CEO, Dr. Elmar Degenhart, at the technology company’s Annual Shareholders' Mee...
US postpones tariffs on steel, aluminum for Mexico and Canada
The Trump administration announced it has delayed most of its tariffs on imported steel and aluminum until at least June 1. Such tariffs were scheduled to take effect at 12:01 a.m. Tuesday on imports from Canada, Mexico, Argentina, Australia, Brazil and the EU. According to media reports the admini...
Mexico’s auto industry lobby rejects news proposals on rules of origin
The Mexican Automotive Industry Association (AMIA) voiced its rejection to the latest proposal by the U.S. trade representatives involved in the renegotiation of NAFTA, who demanded a four-year phase-in period for cars made in North America to meet a 75% regional content threshold plus requiring sub...

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