Partner Alejandro Gómez Strozzi was quoted in the Auto Motores article, “Favorecerá a industria automotriz y de autopartes aranceles a productos chinos en EU,” which states that any tariff barrier that the United States imposes to China will make Mexican suppliers more attractive to the production chains in the motor vehicle manufacturing market.
According to Gómez Strozzi, the new requirements in the USMCA that increased the content of components from North America for imported cars in the United States will encourage suppliers to transfer their production from China or other countries to Mexico.
For Additional coverage, see http://www.emprefinanzas.com.mx/?p=32033
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