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Mexican Economy Minister says autos exported to US will face average 15% tariff, not 25%

Mexican Economy Minister
Marcelo Ebrard:

  • cars assembled in Mexico and
    exported to the United States will face an average tariff of
    15%, not 25%
  • citing additional discounts that local products
    benefit from

Reuters with the info.

This article was written by Eamonn Sheridan at www.forexlive.com.

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