Canada imported more vehicles from Mexico than the US in June for the first time in three decades, underscoring the historic shifts underway as the global auto industry grapples with President
Canadian importers brought in C$1.08 billion ($784 million) of passenger vehicles from Mexico during the month, exceeding the C$950 million from the US, according to Statistics Canada figures. That’s the first time the Mexican auto sector has outsold the US in monthly data going back to the early 1990s.
Trump’s imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed ...
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