MEXICO CITY, March 26 (Xinhua) -- A proposed 25 percent U.S. tariff on auto imports could raise production costs for Mexico and Canada, adding pressure to an already strained global auto industry, Mexico's Monex Financial Group warned Wednesday.
In a sectoral analysis, Monex said recent U.S. tariffs on steel and aluminum imports, imposed on March 12, are already disrupting trade flows and supply chains.
