It’s not just avocados.
President Trump’s threat to impose new tariffs on Mexican imports could affect prices for cars, televisions, clothing, alcohol and the fuel that Mexico regularly sends to the United States.
The tax, which is meant to take effect on June 10, would start at 5 percent and “gradually increase” unless the flow of undocumented immigrants across the United States border is stemmed, Mr. Trump said Thursday while announcing the tariff on Twitter. It could rise to 25 percent.
Several business groups — including corn growers, pork producers and retailers — pushed back. The United States Chamber of Commerce called it “exactly the wrong move.” The head of the National Association of Manufacturers said it was a “Molotov cocktail of policy.”
Mr. Trump also recently threatened to close the border entirely, jeopardizing nearly $1.7 billion in products and services that traverse it each day. Many items are made in Mexico using materials or parts first produced in the United States. And no country supplies the United States with more agricultural products.
Mexico, the United States’ largest trading partner, delivered $346.5 billion in goods to its northern neighbor last year, according to the Census Bureau. American exports to Mexico totaled $265 billion.
Here are just some of the Mexican imports Mr. Trump’s tariff could hit.
$115.8 billion in autos, accessories and parts
The automotive industry’s manufacturing apparatus sprawls across North America, with supply chains working in concert on both sides of the border. Companies such as General Motors and Fiat Chrysler make passenger cars, trucks, buses, vehicle accessories and production components in Mexico.
The Motor & Equipment Manufacturers Association, which represents auto parts makers, said on Friday that Mr. Trump’s tariff threat came as the industry was struggling with uncertainty and weakening sales. It “only serves to increase this anxiety and unease, and to further undermine American businesses’ stability and job growth,” the group said.
$36.6 billion in computers, TVs and video tech
Electronics manufacturing is a global enterprise, with components often bouncing from continent to continent before reaching consumers. Mexico is a popular stopping point for assembly. The country is the second-largest exporter of computers behind China, and the United States is by far the largest recipient of the machines, according to the Observatory of Economic Complexity at the Massachusetts Institute of Technology. The value of computer exports to the United States quadrupled in a decade to $24.9 billion; exports of computer accessories alone were worth $2.5 billion last year, according to the Census Bureau.
GoPro said recently that most of its cameras bound for the American market would be produced in Guadalajara by the latter half of the year. Universal Electronics also announced plans to move production of its remote controls for North American customers to Mexico from China. Foxconn, the Taiwanese manufacturing giant known for assembling iPhones for Apple and PlayStations for Sony, has multiple Mexican facilities.
$5.2 billion in alcohol
Mexico is the largest exporter of beer to the United States, with more than 360 million cases of Mexican beer entering the country by the end of the year, according to the Beer Institute, an American trade group. Most of that alcohol is made using barley and hops grown in the United States, the group said on Friday, adding that “the last thing we need is more hardship imposed on the beer industry and American beer drinkers.”
The tariff would increase the cost to beer importers by $12.5 million in June, potentially reaching $984 million per year at the maximum tariff rate, according to the group.
Shares of Constellation Brands, which makes its Corona and Modelo beers in Mexico, fell nearly 6 percent on Friday. Tequila brands such as Jose Cuervo and Casamigos, which counts the actor George Clooney as a co-founder and was purchased by Diageo, could also suffer.
https://www.nytimes.com/2019/06/01/business/what-goods-come-from-mexico.html
2019-06-01 13:01:46Z
52780305674640
Tidak ada komentar:
Posting Komentar