Vehicles made in Mexico and sent to the US will pay a 15% tax rather than the original 25% previously expected.

Mexicos Economy Minister Marcelo Ebrard announced that vehicles assembled in Mexico and exported to the United States will be ...

"For the U.S. to be globally competitive, we need USMCA," Paul McCarthy, president-elect of MEMA and president of its ...

The federal agency will require submissions of information such as declared customs value of imports and country of final assembly for carmakers to qualify for reduced duty rates.

A group representing General Motors, Ford and Stellantis blasted President Trump’s trade deal announced with the United ...

The USMCA auto rules of origin are the most stringent of any existing free trade agreement. The USMCA rules not only require a very high North American RVC but also include additional criteria such as ...

The change also extends a duty-free exemption for North American parts that comply with the U.S.-Mexico-Canada trade agreement (USMCA) rules of origin. "If you build your car elsewhere and bring ...

Under the new rule, up to $7,500 worth of imported parts can be included without triggering a tariff. In cases where a car is composed of 50 percent U.S. or USMCA parts and 50 percent imported ...

Trump's administration will alleviate some duties imposed on foreign parts in domestically manufactured cars and keep tariffs ...