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Marketplace Morning Report

Mexico tariffs could hike car prices by $1,500

by Kimberly Adams May 31, 2019
The Trump administration has threatened to levy a 5% tax on Mexican imports next month, which could go as high as 25%.
“We have the highest prices in the world right now for aluminum and steel,” said Kristin Dziczek, a vice president at the Center for Automotive Research. Above, Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images
Trade showdown

How will the USMCA trade deal impact China?

by Jennifer Pak Oct 4, 2018
Some firms are adding production lines in other Asian countries.
Employees work on an SUV production line at the Beijing Automotive Group Co. in Beijing in August.
Nicolas Asfouri/AFP/Getty Images

Tariff price hikes may be seen but supply chains are often opaque

by Scott Tong Sep 19, 2018
When it comes to tariffs, consider today T minus five. In five days, more than 5,000 types of goods from China will be added to a list of tariffs imposed by the United States. That likely means higher prices for…