Subj : US import tariffs
To : All
From : Joseph Pereira
Date : Wed Aug 20 2025 06:16 am
US import tariffs have been expanded to include 407 products, including car parts. All these items will have a 50% import duty. This will end the close cooperation between Mexico, Canada, and the US. American cars will also become much more expensive, as these parts were made in Canada and Mexico for a reason. The companies Cleveland-Cliffs (NYSE:CLF) and Nucor (NYSE:NUE) had asked the Trump administration to add these products.
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