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Federal data highlights rising tariff costs for Detroit automakers

Downtown Detroit I-375
Wikimedia Commons
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Creative Commons 3.0 license
Downtown Detroit I-375

Automakers are paying a steep price to import parts and vehicles from Mexico

Detroit’s Big Three car companies have often treated all of North America as a single unit, regularly transferring and assembling vehicles between the US, Canada, and Mexico.

Now federal statistics reveal how much it’s costing automakers to maintain that production.

In September, auto companies paid more than $1 billion in tariffs to bring in vehicles and parts from Mexico.

General Motors and the Ford Motor Company import the most vehicles from Mexico, though they say they are also making multi-billion dollar investments in US based facilities.

The amount of tariffs, or the extent of exemptions, affecting Detroit’s automakers may change next year when the current free trade deal between the US, Mexico and Canada, comes up for review.

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