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Trump administration warned foreign automakers may pull affordable models if USMCA is not renewed.
Foreign automakers including Nissan, Hyundai, and Toyota have warned the Trump administration they may pull their most affordable models from the U.S. market if the USMCA is not renewed or weakened.
The warning follows a 25% tariff on imports from Mexico and Canada, which industry leaders say makes it unprofitable to produce low-cost vehicles under current North American supply chains.
Without a revised trade deal that lowers these tariffs, companies say they will likely stop selling budget-friendly cars.
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La administración Trump advirtió que los fabricantes de automóviles extranjeros podrían retirar modelos asequibles si el USMCA no se renueva.