Financial Insights That Matter
(Reuters) – Traton does not see a significant impact from U.S. tariffs on imports from Mexico in the short term, Volkswagen’s truck unit said during a post-earnings call on Monday.
This comes even as 65% of the 70,000 trucks supplied by the German group to the U.S. last year were assembled at its Mexico plant.
Last week, U.S. President Donald Trump postponed 25% tariffs on Mexico and Canada for automakers by one month on vehicles that comply with the 2020 U.S.-Mexico-Canada Agreement’s rules of origin.
(Reporting by Andrey Sychev, editing by Thomas Seythal)
#1a73e8;">Boost Your Financial Knowledge and Achieve Stability
Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.
#1a73e8;">Top Financial Tips for Saving and Investing
- Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
- Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
- Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.