Volkswagen expects the beginning of negotiations between Mexico, Canada and the United States to avoid the beginning of a commercial conflict. This week, Donald Trump announced the introduction of commercial tasks that could affect the German car manufacturer.
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“We evaluate any potential consequence for the automotive industry and our company as a result of the tasks announced. We have constructive negotiations between commercial partners to guarantee the security of planning and economic stability and to avoid commercial conflict, “reports Reuters the company’s statement.
In the Mexican city of Puebla is one of the largest Volkswagen factories outside of Europe. The production complex is located in an area of 300 hectares, and the construction area is more than 1 million square meters. metro.
In addition, in the Mexican Silao, an engine production plant has been located, which since 2013 has been supply Company in Chattanuga (Tennessee, USA).
According to Reuters, with reference to the data of the Mexican Association of Manufacturers and the Canadian Association of Fabulleros, about 90% of the export of cars of Mexico and Canada falls in the United States.
Volkswagen is expected to be stronger than other duties: in addition to companies in Mexico, the concern of the German car is building a battery factory in Canadian Saint-Tomass for $ 4.9 billion, it must be launched by 2027.
Audi (included in Volkswagen Group), Ford, General Motors, Kia Corp, Stellantis and large car players can also be affected by tasks.
This Saturday, the president of the United States, Donald Trump, ordered 25% tariffs on goods from Canada and Mexico, 10%, for assets of China. In response to this, Canada announced the introduction of 25%of tariffs on US imports since February 4, and Mexico and China also promised to take response measures.
Photo: Volkswagen Mexico
Author:
Ahmed Sadulaev
Source: RB

I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.