Auto rates are effective, pressing on the prices of new cars
The rates on imported vehicles entered into force on Thursday, a policy that President Trump has declared to stimulate investments and jobs in the United States, but that analysts claim that they will increase new cars of thousands of dollars.The duty of 25 percent applies to all cars assembled outside the United States. Starting from May 3, the rate will also apply to the imported cars, which will be added to the cost of cars assembled at national and automatic level.There will be a partial exemption for cars made in Mexico or Canada that meet the terms of free trade agreements with these countries. The car manufacturers will not have to pay duties on parts such as engines, transmissions or batteries that have been made in the United States and subsequently installed by car in Mexican or ...