3 sources·Business

Nissan Considers Relocating Production Amid Threat of U.S. Tariffs on Mexican Imports

Nissan's CEO warns of potential relocation of operations from Mexico if 25% tariffs are imposed by the Trump administration, affecting the auto industry significantly.

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  1. Nissan CEO: Tariffs Could Cause Moving Production Out of Mexico

    A potential production shift could wreak havoc on a vital sector of Mexico's economy, where automotive manufacturing has increased significantly under the U.S.-Mexico-Canada Agreement in recent years.

    Nissan CEO: Tariffs Could Cause Moving Production Out of Mexico

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Updated: Feb 17th, 2025, 3:50 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

Nissan may relocate production outside Mexico due to proposed 25% tariffs by the Trump administration, as stated by CEO Makoto Uchida. With Nissan being the second-largest automaker in Mexico, this could significantly impact the nation's economy and automotive sector. Currently, Nissan exports approximately 320,000 vehicles to the U.S. from Mexico. The company is closely monitoring the situation along with other automakers that might consider similar moves due to tariff uncertainties. While tariffs were initially delayed, the automotive industry remains vigilant regarding potential cross-border implications.


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Nissan Considers Relocating Production Amid Threat of U.S. Tariffs on Mexican Imports - Pano News