MEXICO CITY (Reuters) -- BMW revealed its long awaited $1 billion Mexican plant investment, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
MEXICO CITY (Reuters) -- BMW revealed its long awaited $1 billion Mexican plant investment, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
President Donald Trump’s global tariffs were deemed illegal and blocked by the U.S. trade court, dealing a major blow to a pillar of the Republican’s economic agenda. But the ruling doesn't impact automotive import tariffs.